Manchester City plot record-breaking move for Chelsea’s vice-captain

Despite that uncertainty, the midfielder remains under a long-term contract at Stamford Bridge that runs until 2032.

Chelsea are therefore under no immediate pressure to sell and would be expected to demand a significant fee if negotiations were to develop.

Fernandez has been a central figure for Chelsea since his arrival from Benfica in 2023 for a then British-record transfer.

He has made over 160 appearances for the club and played a key role in their recent trophy successes, including the Club World Cup and Conference League.

This season, the 2022 World Cup winner has continued to contribute consistently, registering goals and assists from midfield.

City’s recruitment drive is also expected to include other targets, with Elliot Anderson among the players being tracked.

The club are understood to be weighing up different profiles as they look to maintain balance in their midfield structure.

Guardiola remains optimistic about retaining Rodri beyond his current deal, but long-term planning remains a priority.

For now, Fernandez represents one of several options rather than a definitive target, with City continuing to monitor developments.

Any move is likely to depend on how the wider transfer market evolves, as well as Chelsea’s stance on one of their most valuable assets.