Chelsea handed Enzo Fernandez transfer blow as new clause details emerge

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The situation involving Enzo Fernandez isn't getting better for Chelsea . The midfielder has cast doubt over his long-term future at Stamford Bridge after admitting he does not know where he will be playing next season.

Speculation linking the 25-year-old with Real Madrid has circulated for more than a year and Fernandez has done little to dismiss the rumours. In fact, he has openly expressed an interest in living in the Spanish capital - remarks that are likely to increase attention on his future.

Despite the rising doubt, Chelsea still hold a lot of the cards. Fernandez remains under contract for another six years, and after paying a then-record £107million to bring him in from Benfica in 2023, the club would almost certainly demand a similar fee before even considering talks.

That said, any possible transfer would deal a double setback to Chelsea. Not only would they lose one of their standout players but there is also a financial complication as River Plate are due five per cent of any future transfer fee, based on the deal agreed when they sold Fernandez to Benfica in 2022, according to reports from his home country.

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The Argentine club - where Fernandez started his professional journey - have already benefited significantly from his progress, earning £26.75m through a 25 per cent sell-on clause when he completed his transfer to Chelsea.

The uncertainty around Fernandez began to escalate after Chelsea's 3-0 second-leg loss to PSG in the Champions League earlier this month - part of a damaging sequence that saw Liam Rosenior's side suffer four straight defeats heading into the international break.

Speaking to ESPN after the match, the 2022 World Cup winner said: "I don't know what the future holds. Right now I'm focused on this; there are eight games left and the FA Cup . Then there's the World Cup, and after that we'll see."

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Only a week later, he intensified the speculation further, stating: "I'd like to live in Madrid. It's a beautiful city, reminds me of Buenos Aires."

Losing Fernandez would be a major blow for Chelsea. Not only is he vice captain and an influential presence in the dressing room but he has also been a vital source of goals this season, netting 12 times in all competitions and establishing himself as one of the club's most dependable performers.

His exit would also prompt difficult questions regarding the club's long-term vision under BlueCo. Up to now, Chelsea have largely managed to bring in top young talent without being forced into unwanted departures. Letting Fernandez leave, however, could indicate a change in approach - and might also increase interest in other key players such as Cole Palmer and Moises Caicedo.

Fernandez is not the only player showing signs of dissatisfaction. This week, Marc Cucurella publicly criticised Chelsea's recruitment policy , highlighting a lack of experience as a major factor behind their Champions League collapse against PSG.

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"We have a good core of players. The foundations are there. But to fight for major trophies such as the Premier League or Champions League, you need more," the Spanish defender told The Athletic . "Signing young players only might complicate achieving those goals.

"Against PSG, we lacked players that had gone through situations like that... You need time, I know the young players are the ones that will have the experience in the future. But you need to find the balance between both worlds."

Cucurella also spoke about the effect of Enzo Maresca's unexpected exit in January. "The moment Enzo Maresca left, it had a big impact on us," Cucurella said. "If you asked me, I would not have made this decision. To make a change like that, the best thing is to wait until the end of the season."

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Fernandez echoed similar views last week. "I do not understand why that [Maresca getting sacked] happened," he said. "As players, there are things we don't understand, and the way they try to handle the situations.

"I don't have an answer for this. I don't know... It was a departure that hurt me a lot. We had an identity and Maresca gave us structure. Sometimes in football there are good or bad results, but Maresca always had a clear identity. We were all really hurt by his departure, especially in the middle of the season... It just cuts you off completely."

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