Chelsea paid around £40 million for Alejandro Garnacho barely a year ago. Now they’re trying to sell him for more than they paid, and Roma’s offers keep falling short of the asking price.
AS Roma has submitted two bids for the 22-year-old Argentine winger, but Chelsea’s ownership group, BlueCo, has drawn a clear line: no loan deals, no optional buy clauses, no creative structuring. They want a permanent, guaranteed transfer valued at €50 million, roughly £42-43 million.
The gap between what Roma wants to pay and what Chelsea wants to receive
Roma’s most recent proposal came packaged as a €5 million loan fee with a €35 million option to buy, totaling approximately €40 million. Chelsea rejected this structure because an option to buy means Roma could simply return Garnacho after the loan if things don’t work out. The €10 million gap between Roma’s package and Chelsea’s valuation is compounded by the structural difference: BlueCo wants a permanent sale, Roma wants flexibility.
Chelsea’s €50 million asking price represents a modest markup on what they originally paid Manchester United in the summer of 2025. Garnacho has been excluded from pre-season training under new manager Xabi Alonso.
Why Chelsea is selling a player they just bought
Garnacho recorded 8 goals and 4 assists across 43 appearances in 2025/26. Xabi Alonso excluded the winger from pre-season training in July 2026, a clear signal he does not feature in the manager’s plans.
Roma’s broader transfer strategy and what comes next
Roma has also approached West Ham about winger Crysencio Summerville and has shown interest in Diego Moreira from Strasbourg, indicating Garnacho is the preferred option rather than the only option.
As of mid-July 2026, no agreement has been reached and negotiations remain ongoing. Chelsea reportedly expects further bids for Garnacho, suggesting they believe the market will deliver either an improved Roma offer or a competing bid from another club.
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