Chelsea have finally agreed a payment schedule with Benfica to sign midfielder Enzo Fernandez.

The Blues are set to sign the 22-year-old in time ahead of tonight’s transfer deadline.

SunSport reported yesterday that the Blues were planning a final £115millon push for Fernandez after having a number of bids rejected.

The move is set to be a British record, surpassing the £100m Manchester City paid to sign Jack Grealish in 2021.

Sky Sports claim, via Portuguese broadcaster SIC, that Fernandez is undergoing a medical in Lisbon before the move is made official.

Teams in England have until 11pm on Tuesday evening to make any deadline day additions.

Fernandez only joined Benfica in July from Argentinian club River Plate.

He has made 17 appearances for the club, and also starred for Argentina as they won the World Cup in Qatar last month.

The midfielder has been a target for Chelsea this window, although Benfica president Rui Costa and manager Roger Schmidt have criticised the Blues’ approach for Fernandez.

He has a £105m release clause in his contract, which expires in 2027.