Chelsea midfielder, Enzo Fernandez

Manchester City have agreed to sign Chelsea midfielder Enzo Fernandez in a blockbuster £125 million deal ($167 million) that would equal the British transfer record, according to reports on Tuesday.

City have been chasing Fernandez for several months, and the Argentina international is on the verge of moving to the Etihad Stadium on deadline day.

Fernandez’s switch would equal the fee paid by Liverpool to Newcastle for Sweden striker Alexander Isak last year.

Enzo Maresca worked with Fernandez at Chelsea before taking charge of City in the close-season after his January exit from Stamford Bridge.