Chelsea have agreed a £105m deal with Benfica for Enzo Fernandez.

The two clubs have been negotiating throughout January.

But Benfica had refused to do business unless the Blues paid his €120m release clause.

The Premier League side have now agreed to do so, but face a race against time to register Fernandez as their player before the transfer window shuts at 11pm on Tuesday night.

Fernandez was left out of Benfica’s squad for their game against Arouca on Tuesday night, with the 22-year-old undergoing a medical in Portugal ahead of his switch to Stamford Bridge.

According to Portuguese broadcaster SIC, Fernandez will fly to the UK on Wednesday morning, with a private jet scheduled to leave Lisbon airport at 10.20am.

Should Fernandez’s move go through without any problems, the transfer will surpass the £100m Manchester City paid for Jack Grealish from Aston Villa 18 months ago, making him the most expensive Premier League signing ever.