The Enzo Exit? PSG Eyeing Fernandez as Chelsea Turmoil Grows

The January transfer window has just been set ablaze. On Thursday, January 15, 2026, explosive reports from France and England suggest that Paris Saint-Germain have registered a formal interest in Chelsea’s World Cup winner, Enzo Fernández.

The timing is no coincidence. Following the shock mid-season departure of Enzo Maresca, the Argentine midfielder is reportedly "seriously reconsidering" his future at Stamford Bridge, feeling that the project he signed up for in 2023 has become increasingly unstable.

The "Maresca Domino Effect"

Enzo Fernández was seen as the technical heartbeat of Enzo Maresca’s tactical system. Since Maresca left the club earlier this month, Enzo’s camp has reportedly grown frustrated with the lack of a clear long-term direction in West London.

PSG’s Move: Luis Enrique is said to be a "massive admirer" of Enzo’s passing range. With PSG looking to bolster their midfield for a deep Champions League run, they view Fernández as the perfect partner for Vitinha and Warren Zaïre-Emery.

The Chelsea Stance: Having paid a then-British record £106.8 million for him, Chelsea are not ready to let their vice-captain go cheap. 

However, with the club currently sitting 10th in the Premier League and facing financial scrutiny, a "astronomical" bid could force their hand.

The Player’s Mood: Sources close to the player suggest he is "unhappy" with the constant managerial turnover and is open to a move to a club that can guarantee consistent Champions League football.

Could a Swap Deal Be on the Horizon?

Rumors in Paris suggest PSG might include players in a potential deal to lower the cash expenditure. Names like Randal Kolo Muani (who Chelsea have scouted in the past) or Manuel Ugarte (currently on loan elsewhere) have been whispered in the French press, though Chelsea would likely demand a straight cash deal exceeding £85 million.

The Verdict: If Enzo pushes for a move, it would be the biggest blow to Chelsea's "long-term project" yet. Losing the man they built the midfield around—coupled with the loss of their manager—could signal a total reset at Stamford Bridge.

What do you think? Should Chelsea sell Enzo to fund a squad overhaul, or is he "untouchable"?