Caicedo has been at the centre of a messy transfer saga involving Liverpool and Chelsea, but it finally appears to be coming to a close.
After Liverpool bid £111 million for the Ecuadorian, Chelsea will trump that with a £115m offer, according to various sources.
Chelsea are set to outbid Liverpool in the race to sign Moises Caicedo from Brighton.
Caicedo informed Liverpool that he only wants to join Chelsea, which has let the London club back in and after more than 24 hours of negotiations a deal is close to being fully agreed.