Asensio had previously spent the second half of last season on loan with PSG, where he scored eight goals and provided one assist in 21 games. His performance caught the attention of several clubs, including Aston Villa in the Premier League.
However, Aston Villa was unable to make the move a permanent one. Asensio has expressed his excitement about joining Fenerbahce, citing the team's great atmosphere and enthusiastic fans.
In a statement, Asensio said, "I'm very happy to be here. I'm looking forward to playing in front of our fans in this stadium. They told me there's a great atmosphere here, and I want to join the team and train with my teammates as soon as possible."
Asensio also thanked Fenerbahce's fans for their interest and expressed his hope to achieve great success with the team.