Chelsea beat Liverpool to sign Caicedo for British record - ESPN

Moisés Caicedo has completed a move from Brighton to Chelsea for a British record transfer fee of £115 million ($146m), the club announced on Monday.

The move puts an end to a months-long transfer saga, with Chelsea manager Mauricio Pochettino having labelled Caicedo as his No. 1 target this summer and saw the club's opening bids rejected by Brighton.

— Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)

However, Chelsea were faced competition for his signature. On Friday, Liverpool broke ground and agreed a £111m fee with Brighton — the first club to do so — only for the midfielder to reject a move to Anfield and instead indicating his desire to join Chelsea.

Chelsea upped their offer, with sources telling ESPN the club agreed a deal on Sunday that includes an initial £100m in guaranteed payments with a further £15m in add-ons — around half of the add-ons are described as easily achievable with the other half considerably harder to trigger.

«I am so happy to join Chelsea! I am so excited to be here at this big club and I didn't have to think twice when Chelsea called me, I just knew I wanted to sign for the club,» Caicedo said in a statement after signing an eight-year contract at Stamford Bridge.

«It's a dream come true to be here and I can't wait to get started with the team.»

Caicedo enjoyed a successful spell at Brighton after joining in February 2021 from Ecuadorian side Independiente del Valle. He spent the first half of the following season on loan with Belgian outfit Beerschot.

He went on to make 53 appearances in all competitions for Brighton and becomes the latest club personnel to Chelsea, following in the footsteps of Marc Cucurella and Robert Sánchez, as well as former manager Graham Potter.

Chelsea's coup