Enzo Fernandez Joins Manchester City for £125 Million

Enzo Fernandez completed his transfer from Chelsea to Manchester City on September 1, 2026, for a fee of £125 million, matching the joint-British transfer record. The 25-year-old midfielder signed a five-year contract, tying him to Manchester City until June 2031.

His weekly earnings are reported to be £350,000, which includes performance-related bonuses, resulting in an estimated annual salary of around £18 million. This transfer increases Manchester City's total summer spending to a record £458 million, surpassing Liverpool's previous record of £415 million.

Despite this expenditure, Manchester City's net spend is mitigated by approximately £300 million generated from player sales. Fernandez's move follows a challenging period at Chelsea, where he faced criticism from fans and was excluded from match squads.

The agreement between the clubs was finalized after about 24 hours of negotiations, marking a significant moment in the transfer market.