Reporter: Real Madrid is paying attention to Caicedo, Chelsea is ready to raise his salary and renew his contract to keep him

Hupu, October 22 According to the famous reporter Ben Jacobs of GIVEMESPORT, he revealed in the latest episode of the podcast that Chelsea has started contract renewal negotiations with Ecuadorian midfielder Caicedo, and plans to provide the midfielder who is loved by Stamford Bridge fans with a more generous contract. The Ecuador international has become the target of La Liga giants Real Madrid's attention.

Although the Blues spent a lot of money in this summer's transfer window - including the introduction of Joao Pedro from Brighton for 60 million pounds in July - coach Resca and the club management have now turned their focus to renewing the contracts of core players. Caicedo is the key figure that the Blues are determined to lock in with an improved contract in order to resist poaching from potential suitors such as Real Madrid.

According to GMS sources, Chelsea has launched new contract negotiations with Caicedo. Although the player recently fired his original agent and let family members handle matters with legal support, the club's top brass is not worried about him seeking to leave the team. The defensive midfielder has nearly six years left on his current contract, with a weekly salary of up to £175,000 (including bonuses) and a one-year extension clause. However, in order to demonstrate its importance to Maresca's system, the club is determined to provide him with an upgrade in treatment.

GMS sources pointed out that due to the long length of the existing contract, Chelsea may not extend the contract term (despite its excellent start to the new season), and may only increase salary or add bonus clauses. Although the club believes that the Ecuador international's current salary matches his £115 million British historical record king status (transfer from Brighton in August 2023), it is still willing to provide him with an improved contract.

GMS sources learned that Chelsea’s decision to renew the contract had been made before Caicedo changed his representative, and his choice of a family member representative should not be regarded as a signal to leave the team. Sources close to Caicedo stressed to GMS that despite interest from Real Madrid, the player has no intention of leaving Stamford Bridge. The Blues management will not consider letting him go even if they receive an offer that can make huge profits.

The 23-year-old midfielder is not only the darling of the locker room, but also the core of tactics. He helped the team win the UEFA Champions League last season and won the Club World Cup this summer. Maresca insists he is irreplaceable. GMS sources understand that Chelsea has started internal dialogue with Caicedo in view of his outstanding performance in the 2024/25 season and his equally outstanding start to this season, and is eager to reach an agreement to continue the club's future.