The deal for Ugarte was off on Sunday night but Chelsea have been running parallel discussions regarding a move for Caicedo with N’Golo Kante now attracting interest from Saudi Arabia.

Brighton, who have agreed to sign free agent and Germany international Mahmoud Dahoud, are understood to have fielded an offer for the Ecuador international with three clubs interested and Chelsea have been evaluating whether any of their plentiful fringe squad could be thrown into negotiations.

As Mail Sport reported last week, Brighton offered £30m for defender Levi Colwill but Chelsea do not wish to sell the 20-year-old and want to find another solution as a potential makeweight.

Chelsea bid £55m for Caicedo in January while Arsenal offered £70m.

Paris St Germain are now pushing to finalise Ugarte’s transfer, following on from reaching agreement to sign Real Madrid winger Marco Asensio on a free ahead of Aston Villa.

Source: soccanews.com