BREAKING: Chelsea midfielder Caicedo signs new contract that runs until 2033
Chelsea have tied down one of their best players to a new long-term contract
Chelsea midfielder Moises Caicedo has signed a new seven-year contract at Stamford Bridge, the club announced this lunchtime.
The Ecuador international joined the Blues from Brighton in 2023 for a fee of £115million on an eight-year deal. But he has been rewarded for a series of stellar displays with a new contract on improved terms that now ties him to Chelsea until 2033.
“I am so happy to have extended my contract at Chelsea,” Caicedo told the club’s official website. “I believe in this team, this club and I know we’re going in the right direction. We’ve only just begun together.
“There is still a lot more to achieve, and I’m very hungry to keep improving every day. I want to win more trophies with Chelsea and give everything for this club and for the fans.
“We have enjoyed some great times together already and my dream is to become a Chelsea legend, and I will work as hard as possible to make that happen.”
Chelsea prove transfer policy can work despite doubts
Keeping Caicedo is a major boost for the club, whose transfer policy has been questioned in recent months.
The 24-year-old has made 140 appearances for Chelsea and played a pivotal role in their Conference League and Club World Cup successes last year.
Chelsea co-owner Behdad Eghbali admitted the club’s model of signing potential rather than proven players may need to change this summer if the club are to challenge in the Premier League and Champions League.
Speaking at CAA’s World Congress of Sports conference in Los Angeles, he said: “We recognise we need for balance. We have world champions, we have Champions League winners, we have elite, elite young players. Experience has developed now. The team has been together for two or three years. The objective is to keep your best players, and we’ve done that, and there’s no intention to rebuild every three or four years. You tweak a model, you improve, you learn from mistakes.
“Our goal is to have elite, elite players on the pitch, elite characters off the pitch that our fans can bond with, that will be at the club, that will be club legends for the next 10 or 15 years and beyond. I think, generally, we’ve been fortunate, not in getting everything right, but we do have a core (of) good players, global players. Cole Palmer, Moises Caicedo, Enzo Fernandez, Levi Colwill, Estevao Willian, Reece James.
“The view is now that we’re here with a great core base, to add some of that experience, to take the team to the next level and have consistency. That fact is not lost on us, and we’re at a point where we can take that next step, hopefully in the next year and beyond.”
Chelsea captain James last month agreed a new six-year deal with the club.