Brighton are in the ‘advanced stages’ of finalising a deal for Man Utd target Moises Caicedo, according to a report.
The midfielder has been closely linked with the Red Devils in the last few weeks.
They were leading the race to sign him at one point, but now it seems another Prem side has beaten them to the transfer.
FEATURE: The transfer record progression of every Premier League club
According to Sky Sports, Brighton are close to signing the 19-year-old for a £4.5 million fee.
The report states that the deal is at an ‘advanced stage’, with the last few details to be decided.
Caicedo’s current club, Independiente del Valle, will receive a substantial sell-on fee if the player makes a big money move in the future.
The transfer would be a shrewd signing for the Seagulls. The Ecuadorian has great potential and could be sold for a huge price if he becomes a Premier League regular.
He’s been scouted by a host of top European clubs, but Brighton are the first to submit an official bid.
If the transfer is completed, Caicedo will likely join Belgian side Royale Union Saint-Gilloise on loan for the remainder of the season.
Brighton owner Tony Bloom also owns the Belgian outfit.
Independiente del Valle boss Santiago Morales revealed earlier this week that a transfer was set to be announced.
Speaking on Monday, he said ‘everything is closed’ with a Premier League side.
It looks like Man Utd have lost out in the race for one of their January targets.
Caicedo could become a brilliant midfielder in the future if he receives sufficient playing time.
The Red Devils have already signed one player for the future. They brought in Amad Diallo from Italian side Atlanta for a £19 million fee.
Ed Woodward seems to be intent on freeing up space in the Man Utd squad this month. Jesse Lingard could be on his way to Nice, while Sergio Romero is being linked with a return to Argentina.