The Moises Caicedo situation sent many into something of a spiral as it became apparent that the club aren’t pursuing the Ecuadorian as strongly as they did in January. The winter window saw multiple bids rejected but so far in the summer window, the club have not moved on the player.
Arsenal do retain an interest in Caicedo, football.london understands and it has not been withdrawn as some reports have suggested. However, they are currently pressing ahead with their chase of Declan Rice and have also made an offer to Ilkay Gundogan, who is available on a free transfer but they face competition from Manchester City, Barcelona and Saudi Arabian sides.
Chelsea are the side clearly ahead in any discussion regarding Caicedo. Suggestions are that a bid of £60 million has been submitted and subsequently rejected, rather unsurprisingly considering this was £10m less than the Gunners' January offer and the midfielder has since signed a new deal.