Moises Caicedo is heading to Chelsea! Liverpool lose out as midfielder set to join Blues in £115m transfer from Brighton

WHAT HAPPENED? The London side have fought off competition from Liverpool as The Guardian reports they will break the British transfer record to sign the Ecuador star.

THE BIGGER PICTURE: Liverpool had a £110m ($140m) offer accepted by Brighton, but the Blues are determined to get the midfielder they have been chasing all summer. The deal will top the previous record of £107m that Chelsea paid to sign Enzo Fernandez in January.

AND WHAT'S MORE: The Stamford Bridge side are also set to beat Liverpool to the signing of Romeo Lavia from Southampton for a reported £55m ($70m) .

IN THREE PHOTOS:Getty ImagesGettyGetty

WHAT NEXT FOR CHELSEA? Mauricio Pochettino's team will take on Liverpool in their first Premier League game of the season on Sunday.