Arsenal fancy pinching Moises Caicedo (right) from under Chelsea's nose. Photo: PA

Having lost out to Chelsea in the race to sign Ukraine star Mykhailo Mudryk, Arsenal are considering a move for Moises Caicedo and could once again go head-to-head with their London rivals as the battle for the Brighton midfielder intensifies.

Such a move, if Arsenal decide to act on their initial interest and succeed in holding off Chelsea, would be a major statement of intent as Mikel Arteta’s side pursue their first league title in almost 20 years.

Arsenal are five points clear of Manchester City at the top of the Premier League table with a game in hand, but do not boast the same squad depth as Pep Guardiola’s side.

Arteta and sporting director Edu have been largely successful in the transfer market in recent seasons, with the likes of Gabriel Jesus, Oleksandr Zinchenko, Martin Odegaard and Ben White all proving to be outstanding acquisitions.

Brighton are thought to want a fee of more than £75million (€85m) for Caicedo, who in recent months has emerged as one of the Premier League’s most exciting young players.

​Chelsea have long been regarded as the front-runners in the pursuit of Caicedo, who worked with Graham Potter at the Amex Stadium, but it’s understood that Arsenal are now also showing interest in the 21-year-old as they consider their midfield targets.

Arsenal want to strengthen their midfield this month amid worries over a knee injury suffered by Mohamed Elneny. Arteta admitted yesterday that there are “some concerns” over Elneny, who is still being assessed and added: “We need some more cover in midfield, ideally if we can, but in this market, it is pretty complicated to do that.”

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