Chelsea have signed Enzo Fernandez from Benfica for a British transfer record fee.
The deal for the Argentine surpasses the £100m Manchester City paid for Jack Grealish from Aston Villa 18 months ago.
The 22-year-old, who only joined Benfica last summer for just £10m, has signed an eight-and-a-half-year deal at Stamford Bridge to keep him at the club until the summer of 2031.
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Chelsea had been in talks to get the World Cup winner all through January, but Benfica had refused the Blues offers unless they pay his €120m release cause.
But Chelsea agreed a deal of €121m at 9.15pm on Deadline Day after 12 hours of talks led by Chelsea’s co-owner Behdad Eghbali from London.
The Blues will pay a first instalment of £30m with the rest of the fee paid in five further instalments.
The player was left out of Benfica’s squad in their victory last night, with the 22-year-old undergoing a medical in Portugal ahead of his switch to Stamford Bridge.
According to Daily report, Fernandez will fly to the UK on Wednesday morning, with a private jet scheduled to leave Lisbon airport at 10.20am.
Fernandez will help to replace Jorginho, who joined Chelsea’s London rivals Arsenal on Deadline Day in a £12m deal.