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BREAKING NEWS: Chelsea FINALLY agree a British record deal to beat Liverpool to Moises Caicedo... with midfielder set for medical on Monday ahead of £115m switch

Chelsea are on the verge of completing a British record £115million swoop for Brighton midfielder Moises Caicedo.

Following weeks of discussions and failed bids, the Blues have agreed a fee for the Ecuador midfielder that will see Brighton earn a minimum £100m plus a further £15m in add-ons.

It is hoped that the 21-year-old can undergo a medical in the next 48 hours before signing a long-term contract with the Stamford Bridge side.

Caicedo appeared to be close to joining Liverpool last week after the Reds saw a £111m bid accepted by Brighton.