Chelsea officially confirm the signing of Moises Caicedo from Brighton

Chelsea have officially announced the signing of 21-year-old midfielder Moises Caicedo from Premier League side Brighton & Hove Albion.

The Ecuadorian international had been earmarked as a priority target for the Blues all summer. The west London club were in contact negotiation with Caicedo's now former club Brighton over the last couple of weeks.

After several back-and-forths with the Seagulls, Chelsea eventually signed the highly-rated midfielder for a package of £115m (via Fabrizio Romano).

Fabrizio revealed that the Blues will pay a fee in the region of £100 million upfront, with an additional £15 million pounds to be paid in add-ons. The fee will make Caicedo the most expensive player in the club's history as well as the Premier League.

Brighton are also expected to receive a commission on any future sale of Caicedo from Chelsea, having included a sell-on clause in his deal to Stamford Bridge.

The 21-year-old categorically made his decision known to sign for the west London club, despite interest from PL giants Liverpool after they had a fee agreed with Brighton.

The Reds attempted to hijack the transfer after tabling a hefty sum of £110 million to Brighton for Caicedo. However, the player declined a move to Anfield, stating his desire to join the Blues instead.

The Ecuadorian international has officially completed his transfer to west London from Premier League side Brighton & Hove Albion.

The Blues beat off strong competition from rivals Liverpool who themselves had agreed a deal with Brighton for the player. However, Caicedo's preference to play for the Blues was a key factor in swinging the pendulum toward their favor.

Speaking after his unveiling as a new Blues player, Caicedo revealed that it is a dream come