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According to reports, Chelsea are close to losing a transfer target to Premier League rivals Everton.
According to multiple reports in Ecuador on Friday evening, Independiente del Valle have now reached an agreement with Everton over a deal for Moises Caicedo.
Reports claim Everton are now in the driving seat to sign Caicedo as they have offered a £5.5m fee to Independiente del Valle and have assured the midfielder that he will be given a chance to make an immediate impact in the first team under Carlo Ancelotti.
Caicedo is widely regarded as one of the best young midfield talents in South America and delivered several impressive performances in last year’s Copa Libertadores.