Chelsea's £70m Caicedo bid rejected 'out of hand' by Brighton

Chelsea's £70m bid for Moises Caicedo has been "rejected out of hand" by Brighton.

One source has told Sky Sports News that Brighton value Caicedo, who was signed from Ecuadorian club Independiente del Valle for £4.5m in 2021, in the same bracket as Arsenal's record-signing Declan Rice and will look to get in the region of £100m for him.

Chelsea are considering whether to go back in with another offer with talks ongoing between the two clubs for the midfielder.

Sky Sports News has been told Chelsea will be "disciplined" and have interests in other players.

It is thought Chelsea are getting encouragement that the 21-year-old would join them if a deal can be agreed between the clubs, with personal terms not expected to be a problem