Moises Caicedo completes UK-record £115m move to Chelsea

Chelsea have signed Brighton midfielder Moises Caicedo for a British-record fee of £115m on an eight-year contract.

Chelsea are understood to be paying an initial £100m, plus £15m in performance-related add-ons.

There is an option of a further year in Caicedo’s contract and Brighton will have a sell-on clause that has been described as “significant” as part of the deal.

Half of the add-ons have been described as “quite easily achievable”, while the other half are considered “much harder” to achieve.

Liverpool agreed a £111m deal to sign Caicedo last week but the move fell through when the 21-year-old informed the club he intended to join Chelsea.

Caicedo had been expected to travel to Liverpool for a medical on Friday after Jurgen Klopp’s side had a bid accepted by Brighton following a midnight deadline for bids on Thursday.

But the Ecuador international had a change of heart and told Liverpool – who drew 1-1 at Chelsea in their opening Premier League game of the season on Sunday – he did not want to join.

Caicedo completed his medical at Chelsea’s training ground on Monday.

Co-sporting directors Laurence Stewart and Paul Winstanley said: “Moises possesses a rare midfield skill set and is a player we’ve been targeting for some time. We believe he will make a significant impact at Stamford Bridge this season – and in the years ahead.”

Is this why Caicedo rejected Liverpool for Chelsea?

The £115m fee for Caicedo eclipses the £106.8m Chelsea paid for Enzo Fernandez when breaking the British-record transfer fee in January. Arsenal spent £105m on Declan Rice earlier in the summer.

Chelsea want to sign two midfielders this summer and are still pushing to sign Southampton’s Romeo Lavia despite Liverpool agreeing a £60m deal for the Belgian.

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