This is certainly not the start the Blues were hoping for in the Premier League. Although these violations occurred before BlueCo's takeover of the club, Chelsea are still expected to face some sort of punishment. Real Madrid ready to sign Chelsea player on one conditionChelsea may be subject to a fine, a transfer ban, or a points deduction in the Premier League. The Blues are optimistic about the situation, but in the worst-case scenario, if they face severe financial penalties, Real Madrid may grab the opportunity to test the waters to sign Fernandez. Fernandez has been a target for Real Madrid for several years, they wanted to sign him before his move to Chelsea after the 2022 World Cup.