On a busy transfer deadline day in Europe, Enzo Fernandez Chelsea signed Enzo Fernandez for a Premier League-record fee of 121 million euros (Sh16.3 billion). Joao Cancelo unexpectedly joined Bayern Munich, and Jorginho joined Arsenal.

The Premier League teams have once again outspent their rivals heavily to boost their teams for the rest of the remaining matches of this season.

World Cup winner Enzo Fernandez

Graham Potter's struggling Chelsea added several players in the January transfer window to help the club get out of position 10 in the EPL

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Fernandez, a World Cup champion, is Chelsea's sixth addition during the January transfer window. Wednesday morning, Benfica in Portugal announced the signing of Fernandez.

The £106.8 million price tag tops the previous record of £100 million paid by Manchester City to sign Aston Villas Jack Grealish.

Enzo Fernandez is the winner of the Wold Cups' youngest best player World Cup for his contributions to Argentina's successful campaign in Qatar. But he only recently joined Benfica, a dominant club in Portugal, in July of last year, reportedly for around £10 million.

Enzo Fernandez becomes the most expensive signing in England

The 22-year-old is in an eight-and-a-half-year deal that will end in 2031.

Todd Boehly's organization has spent hundreds of millions of dollars since purchasing Chelsea after the previous season, but the team is still in the Premier League's bottom ten.

Jorginho, who joined Arsenal during the same transfer window that closed at midnight on Tuesday, is being replaced by Fernandez.