Rumoured Liverpool transfer target Enzo Fernandez has a €120m (£103m) release clause in his current Benfica contract, according to Fabrizio Romano.

The Lowdown: Fernandez linked with Liverpool

The 21-year-old is arguably seen as one of the most exciting young midfielders on the continent, excelling for Benfica and appearing in all three of Argentina's 2022 World Cup games so far, scoring a sublime goal in the 2-0 win over Mexico.

Fernandez has been linked with a move to Liverpool in recent weeks as Jurgen Klopp looks to make some significant midfield signings in the near future.

Although the Benfica starlet's current deal runs until the summer of 2027, an update has emerged regarding his future.

The Latest: £103m release clause

Taking to Twitter, Romano revealed the extent of Fernandez's release clause, adding that a January move is out of the question.

The Italian stated:

"The release clause included into Enzo Fernández contract with Benfica is worth €120m. Club has no intention to sell Enzo or let him leave in January.

"River Plate also have percentage of future sale on Enzo."

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The Verdict: Potential summer move?

This is a blow for Liverpool in terms of making Fernandez a possible January acquisition, with a new signing desperately needed to inject some fresh legs into an ageing midfield.

If the Reds manage to bring in a new player in the next transfer window, it could be that Fernandez then emerges as a primary option next summer, although the Premier League giants would surely baulk at his release clause.

Benfica would probably still be willing to accept a sizeable offer of some kind, and considering his long-term potential and his billing by his former River Plate manager Marcelo Gallardo as hailed as 'fearsome', he could be worth every penny if Liverpool break the bank for him.