Benfica will reportedly hold out for Enzo Fernandez's full €120million release clause just six months after signing him for €10million from River Plate.

Fernandez, 21, has become one of the hottest names in football since arriving at Benfica, helping his side to an undefeated group stage in the Champions League before earning his place in Argentina's World Cup squad.

After starting the group stage on the bench, Fernandez worked his way into the starting XI for the final group match against Poland, before playing every minute of Argentina's run through the knockout stages.

His rapid rise saw Fernandez become a target of both Real Madrid and Liverpool, and despite earlier reports that he would be available for €100m, the Portuguese club will now seemingly not settle for anything less than his release clause.

Enzo wins the Young Player Award of the @FIFAWorldCup! pic.twitter.com/UgGabNRXgU
— SL Benfica (@slbenfica_en) December 18, 2022

TOP STORY – LIVERPOOL, MADRID TOLD TO MEET €120M RELEASE CLAUSE FOR FERNANDEZ

Portuguese publication Record is reporting the €100million bid Benfica rejected came from Liverpool, with an earlier Daily Mirror story claiming the Reds had reached a pre-agreement with Fernandez on personal terms.

Liverpool have made no secret of their desire for a new midfielder, but it remains to be seen if the extra €20million to meet the release clause will be a deal-breaker.

Meanwhile, Madrid appear to be looking elsewhere, with a fresh report from AS stating they are in the driver's seat in the chase for Borussia Dortmund's Jude Bellingham, and that they view 24-year-old Juventus midfielder Manuel Locatelli as a reliable back-up plan if they land neither Fernandez or Bellingham.

pic.twitter.com/BwM5Rl5zou
— Enzo Fernández (@Enzo13Fernandez) December 21, 2022

ROUND-UP

– Chelsea have agreed to a £10.5million signing of 20-year-old forward David Datro Fofana from Norwegian club Molde, per Fabrizio Romano.

– According to Repubblica, Arsenal are interested in signing 27-year-old Juventus midfielder Adrien Rabiot on a free transfer at the end of the season.

– The Evening Standard is reporting Fulham, Villarreal and Bayer Leverkusen are considering January moves for Arsenal full-back Cedric Soares.

– The Evening Standard is also reporting Crystal Palace would like to bring right-back Aaron Wan-Bissaka back to the club, three years after selling him to Manchester United.

– According to Sport, Barcelona will look to move on from Raphinha at the end of the season if he does not make himself a key part of Xavi's plans.