The agent of Moises Caicedo has revealed that he chose to join Chelsea despite Liverpool having a "more established and stable project".
During the summer, there was a well-publicised transfer battle between the West London club and the Reds in pursuit of the former Brighton & Hove Albion midfielder.
Jurgen Klopp's side were looking to acquire a defensive-minded midfielder and were in discussions with Southampton in the race to sign Romeo Lavia. They then turned their attention to Caicedo and had a club-record £110m bid accepted for the Ecuador international.
Mauricio Pochettino's side, who held a long-standing interest in Caicedo, won the race to sign him before also adding Lavia to their ranks, while Liverpool moved for Wataru Endo from Stuttgart before Ryan Gravenberch arrived on deadline day.
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Liverpool losing out on Caicedo was viewed as damaging for the club as they saw what would have been a British-transfer record fee failing to come to fruition.
Caicedo's agent, Manuel Sierra, has now admitted that the offer presented by Liverpool was 'dizzying' but Chelsea's loyalty in their pursuit of the 21-year-old swayed their decision.
"In the end, it's very complicated," he said. "Imagine that you're being written to and called by Jurgen Klopp, that Liverpool is calling you.
"We're talking about something really big, one of the best teams in the world, just like Chelsea. Well, with a more established and stable project than what Chelsea has today, which is a very ambitious project looking ahead to two years.
"So, when Liverpool
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