Real Madrid Set €120M Price Tag on Tchouaméni Amid Chelsea Interest in Enzo Fernández

Florentino Pérez refuses to sell below market parity as Mourinho reshapes the midfield

Real Madrid have drawn a firm line in the sand regarding Aurélien Tchouaméni: he will only be sold if an extraordinary offer—starting at €120 million—arrives.

A Strategic Price Point

Club president Florentino Pérez has made it clear that Madrid will not entertain offers below that figure. The valuation aligns directly with the asking price set by Chelsea FC for Enzo Fernández, a player Madrid are closely monitoring as a potential midfield addition.

The message is simple: if Chelsea demand €120M for Enzo, Madrid will demand the same for Tchouaméni.

Not Untouchable—But Not for Sale

Despite recent speculation, Tchouaméni is not actively on the market. However, he is also not considered untouchable under José Mourinho.

The Portuguese coach values the French midfielder and believes he can play an important role in his system—but given the need to reshape the squad, a high-value sale could make sense if it helps fund other priorities.

Midfield Shake-Up Underway

Madrid’s midfield could undergo significant changes this summer. Following the departure of Dani Ceballos, the club is also exploring options to offload Eduardo Camavinga, who has so far resisted leaving.

If Camavinga stays, Tchouaméni becomes the most viable candidate for a big-money exit—but only under the right financial conditions.

Past Offers Rejected

Real Madrid have already turned down bids close to €100 million for Tchouaméni in previous windows. Given his improved performances last season, the club believes his value has only increased.

Any interested club will now need to meet the €120M threshold just to open negotiations.

No Discount Deals

One thing is non-negotiable for Madrid: they will not lose money in any potential swap or indirect deal involving Enzo Fernández.

If the Argentine joins, it will only happen under financial parity—meaning Tchouaméni must leave for at least the same amount.

A Summer Ahead

Once Tchouaméni completes his international duties, discussions about his future are expected to intensify. While the player himself is keen to stay at the Santiago Bernabéu, he remains one of the few players capable of generating the kind of revenue Madrid may need.

As Mourinho continues to mold his squad, Tchouaméni’s future could become one of the defining storylines of the summer transfer window.