Enzo Fernandez transfer news: Man City sign midfielder from Chelsea in British-record-equalling £125m deal

Manchester City have signed Enzo Fernandez from Chelsea for a joint-British-record fee of £125m.

The size of the fee matches the amount Liverpool paid Newcastle for Alexander Isak on Deadline Day a year ago. The Argentine midfielder has signed a five-year deal at the Etihad Stadium.

The Fernandez deal comes amid Chelsea fury that Monaco pulled out of selling Lamine Camara - who was deemed as the Argentine's replacement - in the final minutes of the window.

Chelsea had the option of pulling the plug on Fernandez to Man City after the Camara deal collapsed - but they stuck to their word and honoured their commitment to complete the deal.

Fernandez's Deadline Day move comes more than three months after the Argentina international first told Chelsea he wanted to leave, and more than two weeks after the club imposed a deadline for bids.

Chelsea will make a £18m profit on the midfielder they signed for £107m three-and-a-half years ago, and Fernandez is now reunited with his former Chelsea boss Enzo Maresca.

"Manchester City are the most successful club in England in recent times," said Fernandez after making the move.

"Every player wants to be part of a club like this because everyone knows how well-run City are.

"I could not be happier to be here, and I am ready for the challenge of helping City continue winning trophies. This is a club built for success.

"If you look across the squad, City have quality in every area. I want to learn from my new teammates and become a better player.

"I pride myself on continually improving my game. Anyone who's worked with me will know how hard I train every single day and how much I put into matches. I give absolutely everything and I can promise Manchester City that will continue now I'm here."

Camara was set to join Chelsea for £47m and was going to sign a six-year deal pending a medical.

Just after the 11pm transfer deadline passed, news emerged that Monaco reneged on the agreement they had with Chelsea, and they had informed the Blues of their decision in writing.