Fernandez, 25, has been a key man since joining from Benfica nearly three years ago, captaining Chelsea on several occasions.
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According to Teamtalk, the World Cup winner is no longer considered ‘untouchable’ by Chelsea, and the club would be willing to sell him for the right offer.
Spanish giants Real Madrid and reigning Champions League winners PSG have both been credited with interest in the central midfielder.
French outlet L’Equipe recently reported that Fernandez was considering his future at the club due to yet another rollercoaster season.