Manchester City is on the verge of completing a transfer deadline day deal for Chelsea midfielder Enzo Fernandez, in a move that would equal the joint-British record fee of 125 million pounds ($169 million).

City has reached an agreement with Chelsea over a fee, thereby clearing the path for Argentine international Fernandez to finalize his transfer to the Etihad Stadium before the transfer window closes at 2200 GMT, according to a source familiar with the matter.

The individual spoke under the condition of anonymity, as the agreement has yet to be formally disclosed to the public.

Fernandez would become the latest high-profile acquisition in City’s midfield overhaul, which also encompasses the signings of Elliot Anderson and Ayyoub Bouaddi.

The fee is equivalent to the amount Liverpool disbursed for Alexander Isaak last year.

According to figures published by the transfer website Transfermarkt, this agreement would elevate City's expenditure to approximately 392 million pounds ($530 million) during the current window.

Anderson commanded a transfer fee of approximately £116 million ($156 million), while Bouaddi's acquisition amounted to £81 million ($110 million).

The club’s midfield restructuring follows the exits of Rodri and Bernardo Silva.

Europe’s leading clubs are scrambling to finalize last-minute transfers before the deadline, with American striker Folarin Balogun poised to be among the most significant movers on what promises to be a frenetic day of activity.

According to reports, Balogun is on the verge of completing a transfer from Monaco to Everton.

The city’s extravagant spending spree shows no sign of abating, with Everton winger Iliman Ndiaye on the verge of a £60 million ($81 million) move.

Jack Grealish is once again set to depart Manchester City, with a return to Everton on another season-long loan widely anticipated.

The Premier League appears to be on course for a record-breaking transfer window, with expenditure so far reaching £2.82 billion ($3.8 billion).

This figure remains below the all-time high of £3.14 billion ($4.25 billion) set in 2025.

Today also marks the transfer deadline in Spain, Italy, Germany, and France.

The submission deadline for Germany, France, and Italy is set at 1800 GMT, whereas in Spain it is extended to 2159 GMT.

This has been a summer of profound upheaval at Aston Villa, marked by the departure of numerous key players and an influx of fresh signings.

The business proceeded with the deadline-day acquisition of Ibrahim Mbaye from Paris Saint-Germain.

The two-time Champions League-winning winger joins a revamped Villa frontline, which has also been bolstered by the acquisitions of Nicolas Jackson and Alejandro Garnacho.

Having secured Champions League qualification last season, Villa has suffered defeats in both of its opening league fixtures this term.

Manchester City’s pursuit of Ndiaye is anticipated to bring an end to their interest in Liverpool’s Cody Gakpo.

Gabriel Jesus has finalized his move from Arsenal to Barcelona, having inked a three-year contract.

The Brazil striker's time at Arsenal was marred by persistent injuries, yet he played an integral role in the squad that clinched last season's title.

He is the latest forward to depart the Emirates Stadium during this transfer window, following Leandro Trossard’s move to Besiktas, while Gabriel Martinelli and Ethan Nwaneri are also anticipated to follow suit.

Newcastle forward Nick Woltemade is reportedly poised to join Juventus on loan following a single season in the Premier League.

Three years after departing Bayer Leverkusen for Aston Villa, Moussa Diaby has returned on a five-year contract.

Leverkusen are acquiring him from Al-Ittihad, where he clinched the Saudi title alongside Karim Benzema in 2024-25.

The 27-year-old French winger is set to transfer for a reported fee of 27 million euros ($31 million), marking the most significant acquisition by a German club on deadline day thus far.

Leverkusen has confirmed that Diaby will once again don the number 19 shirt.

Spanish youngster Marc Guiu has made the switch from Chelsea to Leipzig.

The 20-year-old centre-forward was part of the Chelsea side that secured the Conference League and Club World Cup a year ago, yet he never cemented a place in the starting lineup or managed to score in the Premier League.

Guiu has finalized his transfer to Leipzig, inking a five-year contract for a fee reportedly reaching up to 17 million euros ($19.7 million).

Lille secured Maurits Kjaergaard as a replacement for the highly rated teenage midfielder Ayyoub Bouaddi, who has departed for Manchester City.

The Ligue 1 club confirmed that the 23-year-old Dane has joined from RB Salzburg on a five-year contract.

A versatile box-to-box midfielder, Kjaergaard brings considerable experience to the side, having already taken part in five European campaigns.

James Robson is accessible on X via https://x.com/jamesalanrobson.

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