Manchester City have reached an agreement with Chelsea to sign Enzo Fernández for £125 million, sources have told ESPN FC — a fee that equals the Premier League transfer record.

The deal matches the highest sum ever paid between two clubs in English football, underlining City's ambition to strengthen their squad with one of the game's most sought-after midfielders.

Fernández, who has been a key figure at Chelsea since his arrival, would make the move to the Etihad Stadium in what would be a landmark moment for both clubs and for the Premier League transfer market.