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Manchester City submit 120m offer for Enzo Fernández in wrong currency … or not at all — reports

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EAST RUTHERFORD, NEW JERSEY - JULY 19: Enzo Fernandez #24 of Argentina reacts as he walks off the pitch after receiving a red card during the FIFA World Cup 2026 Final match between Spain and Argentina at New York New Jersey Stadium on July 19, 2026 in East Rutherford, New Jersey. (Photo by Justin Setterfield/Getty Images) | Getty Images

Chelsea have decided to make a public spectacle of Enzo Fernández’s potential (expected?) transfer to Manchester City, by setting a hard deadline of tomorrow evening (Friday, 5pm local time) for City (or any other team) to meet our demands. These demands had been privately communicated to any interested parties already, but now they’re out in the wild as well, no longer just lurking in the rumor mill’s shadows.

And those demands are simple and straightforward: £120m cold hard cash, or go away. That’s 120 million pound sterling; not euros, dollars, or riyals. And that’s 120 million up front, not in bonuses or add-ons or IOU’s.

These demands shouldn’t too hard to understand, but something may have already gotten lost in translation. According to Argentinian journalist-turned-transfer-influencer César Luis Merlo, City have indeed made an offer, but in the wrong currency. €120m is not £120m! In fact, it’s nearly £20m less! (Merlo was a solid source of information during Enzo’s protracted transfer to Chelsea from Benfica, so presumably he’s still got the connections to Enzo’s camp.)

🚨[EXCLUSIVO] El Manchester City ofrece €120M al Chelsea por Enzo Fernández. Enzo Maresca lo quiere sí o sí.
🤝 @tribuna_ftbl ⬇️https://t.co/TX91kgRh37pic.twitter.com/ZhSpFm1cIc

— César Luis Merlo (@CLMerlo) August 13, 2026

Merlo’s supposed information has not been corroborated by anyone else so far; in fact, Fabrizio Romano has claimed that the situation has not changed at all since yesterday: no offer received, and, obviously, no change in our stance. It’s the battle of the transfer-influencers! How exciting. (It’s not exciting.) Ben Jacobs has reported the same as well: no bid, no change.

🚨🔵 Chelsea are yet to receive any official bid for Enzo Fernández as of 4pm UK time today — 25 hours before the deadline for the exit.#CFC do not change their stance: £120m net, no Euros and with payment terms details clarified to all parties already since May. pic.twitter.com/5JYHI7rPO4

— Fabrizio Romano (@FabrizioRomano) August 13, 2026

As much as I appreciate the club’s attempt to create our very own Enzo Transfer Deadline Day, I have a feeling that this story will drag on until the actual Transfer Deadline Day at the end of the month.

Manchester City keen to sign Enzo Fernandez and could recoup much of Chelsea's £120m asking price via the departures of Rodri (Barcelona second bid rejected but talks ongoing) and Tijjani Reijnders (Al-Qadsiah in advanced talks).

Enzo Maresca wants to reunite with Fernandez, but… pic.twitter.com/kbwQ5WJzhE

— Ben Jacobs (@JacobsBen) August 13, 2026
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