Pat Nevin insisted that Real Madrid would have to pay a minimum of £200m to sign Caicedo from Chelsea. This occurred amid links connecting Caicedo with a move to the Bernabeu.

According to Goal.com, Real Madrid is among the teams interested in Moises Caicedo, and the midfielder's recent change of agents adds intrigue to his future at Chelsea.

According to journalist Ben Jacobs, Real Madrid has a genuine interest in Chelsea midfielder Moises Caicedo, which has caused Chelsea to accelerate talks over a new contract. Jacobs states that Chelsea is not at all worried about the links with Real Madrid. Discussions over a new contract, which had been scheduled for some time, are now fully underway, and there is confidence that Caicedo will sign a new one. Chelsea wants to reward him for his performances with a new deal, which would make Real Madrid's advances ineffective.

Chelsea are reportedly preparing to open talks over an improved contract for Moises Caicedo in a bid to cool outside interest, with Real Madrid among the clubs said to be monitoring the Ecuadorian. Chelsea’s hierarchy are keen to reward Caicedo and send a firm message to would-be suitors ahead of the next two transfer windows.