Manchester City have agreed to a Premier League record-equaling £125 million deal with Chelsea for Enzo Fernández, sources have told ESPN. Chelsea initially set an asking price of £120m and communicated this to all parties in late May. The two clubs settled on a fee that matches the amount Liverpool paid Newcastle to sign Alexander Isak last summer. The Argentina midfielder has been given permission to undergo a medical. City stepped up talks in the last 48 hours in an effort to secure a deal and that agreement has now been reached with Chelsea effectively receiving £5m over their asking price.