Reports from Portugal suggest that Chelsea have triggered Manuel Ugarte’s £52m release clause at Sporting Lisbon, marking Mauricio Pochettino’s first signing as head coach. The Blues are keen to bring in new midfielders and Ugarte is a top target, with PSG also interested in the 22-year-old. However, Ugarte is said to want to test himself in the Premier League and looks set to move to Stamford Bridge. Brighton midfielder Moises Caicedo is also a transfer target for Chelsea as Pochettino prepares for the 2023-24 season. Brighton have slapped an £80m price tag on Caicedo, with Arsenal also heavily linked with a transfer. If Chelsea are successful in their pursuit of both Ugarte and Caicedo, it would cost the club £132m as they continue to splash the cash under co-owner Todd Boehly. The west Londoners have spent over £600m since the American replaced Roman Abramovich last summer. Chelsea are thought to be in danger of a Financial Fair Play breach and are looking to offload a number of stars as part of another squad rebuild. Mason Mount has been strongly linked with a move to Manchester United amid a contract dispute at his boyhood club. Chelsea reportedly want £80m for Mount, which they could then use to bring in Caicedo if United are willing to pay that fee. Brighton are keen to sign Levi Colwill from Chelsea which could help in the negotiations to bring Caicedo to Stamford Bridge.
Chelsea’s first signing under Mauricio Pochettino nears completion at £52m
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