Arsenal and Chelsea have been dealt a huge blow in their transfer pursuit of Brighton midfielder Moises Caicedo. The Ecuador international has signed a new long-term contract to stay with the Seagulls until 2027, with a club option for an extra year.
The Gunners had two bids rejected for the 21-year-old in the January transfer window before eventually signing Jorginho from Chelsea instead. The Blues had a verbal bid of £55million swiftly rejected by Brighton, whilst Arsenal had a bid in the region of £70million turned down.
Caicedo had released a statement expressing his desire to leave the club on deadline day and was left out of training by manager Roberto De Zerbi until after the January window had closed. Caicedo's agent Manuel Sierra revealed why a move did not materialise for the Ecuadorian midfielder in an interview after both Arsenal and Chelsea had pushed to sign him.