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Sky Sports News chief reporter Kaveh Solhekol explains how Chelsea secured the signing of Enzo Fernandez from Benfica for a British-record transfer fee
But Chelsea agreed a deal of €121m at 9.15pm on Deadline Day after 12 hours of talks led by Chelsea's co-owner Behdad Eghbali from London.
The Blues will pay a first instalment of £30m with the rest of the fee paid in five further instalments.
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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.
How much did Chelsea spend in January?
Following the arrival of Fernandez, Chelsea spent £323.3m in January. Here are the deals the Blues made:
- Benoit Badiashile - Monaco, £35m
- David Datro Fofana - Molde, undisclosed (reported £10m deal)
- Andrey Santos - Vasco da Gama, undisclosed (reported £18m deal)
- Joao Felix - Atletico Madrid, £9.7m loan
- Mykhailo Mudryk - Shakhtar Donetsk, £88.5m
- Noni Madueke - PSV Eindhoven, £29m
- Malo Gusto - Lyon, £26.3m
- Enzo Fernandez - Benfica, £106.8m