Liverpool have agreed a British record transfer fee of £111m with Brighton for midfielder Moises Caicedo, but Chelsea are still in the race to sign the Ecuador international.
Caicedo, 21, is reportedly keen on a move to Stamford Bridge, but the Blues will need to match Liverpool’s offer if they want to land the player. Brighton have set a fee in excess of £100m for Caicedo and have said they feel no-one would reach it. Chelsea are believed to have bid £80m previously.
The battle for Caicedo is a sign of the growing financial power of Premier League clubs. The £111m fee would be a record for a British club, and it is clear that Chelsea and Liverpool are willing to spend big money to improve their squads.
It remains to be seen who will win the race for Caicedo, but it is sure to be an exciting transfer saga. The player is a highly-rated prospect, and he could be a key player for either club.