Liverpool" will pay a record ransom for M. Caicedo. © AP

Before the start of the English Premier League season, Liverpool club is preparing to improve England's transfer record.

Journalist Fabrizio Romano announces that Liverpool team will acquire Brighton midfielder Moises Caicedo for £110 million.

The 21-year-old Ecuadorian will become the most expensive footballer in the history of the English Premier League.

M. Caicedo should officially join Liverpool today, with his presentation expected in Sunday's match against Chelsea in London.

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