are set to sign from Brighton after agreeing a British record deal worth £115m.
Liverpool thought they were set to welcome Caicedo to Anfield after agreeing a £111m deal for the midfielder.
Jurgen Klopp is a known admirer of the 21-year-old and is keen to bolster his options in midfield following the departures of Jordan Henderson and Fabinho.
But Caicedo’s preference was always Stamford Bridge and he effectively turned down a move to Liverpool to hold out for Chelsea.
Given Brighton accepted a £111m bid for Caicedo, it was then up to Chelsea to at least match that offer in order to bring the Ecuador international to west London.
But Chelsea have not just matched Liverpool’s offer but improved it, reaching an agreement with Brighton worth £115m, according to the .
The deal will make Caicedo the most expensive signing in Premier League history. Enzo Fernandez, who joined Chelsea for £105m in January, previously held the record.
More to follow…