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Chelsea are no longer prepared to sell Enzo Fernandez for £120 million, wanting to keep the midfielder. Manchester City were in talks with the player but will need to provide new terms for the transfer.

Chelsea have confirmed their change of heart over the future of midfielder Enzo Fernandez. The club is no longer willing to part ways with the player for the previously agreed fee of £120 million.

According to insider Fabrizio Romano, this amount was effectively seen as a release clause that was communicated to Fernandez's camp back in May.

However, the Blues are now keen to keep Fernandez and continue their partnership with the talented Argentine.

Meanwhile, Manchester City have been actively negotiating with Fernandez's representatives, with talks stretching into the last 48 hours.

Now, it falls to the City hierarchy to come up with a revised offer if they still wish to complete this high-profile transfer.