Moises Caicedo has completed his move to Chelsea from Brighton and Hove Albion after a series of negotiations between the two clubs in the last few months.
The player was unveiled on Monday afternoon after successful medicals earlier in the day.
The 21-year-old joins as potentially the most expensive Premier League signing with a fee of £100+15m.
Caicedo has signed an eight-year contract with the Blues with an option to extend for one more year
“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,” Caicedo stated.
“I just knew I wanted to sign for this club, Chelsea”.
“It’s a dream come true to be here and I can’t wait.”
Following the announcement, Chelsea faced competition from Liverpool for the much sought-after midfielder before the weekend.
While Chelsea prepared to submit a package of £100m for the Ecuadorian, Liverpool presented a higher bid of £111m which was accepted by Brighton and Hove Albion. However, Caicedo declined to join the Reds leaving Chelsea as the only suitors.
Impossible not to smile. ? pic.twitter.com/k6Vn14G4za
— Chelsea FC (@ChelseaFC) August 14, 2023
The Blues later followed with an improved bid and have finally gotten the highly-rated player who is expected to improve Mauricio Pochettino’s team.
Coincidentally, Chelsea hosted Liverpool in their opening Premier League match on Sunday in an exciting 1-1 draw.