Moises Caicedo has completed a permanent move to Chelsea, for undisclosed terms.
Technical director David Weir said, “Chelsea are getting one of the top midfielders in the world. Moises has been one of our exceptional players over the past 18 months.
“We’d like to thank him for his performances for us, which helped this team to two record finishes in the Premier League, and we wish him well for the future.”
Chairman Tony Bloom added, “Moises expressed a strong desire to move on, and at that point it was crucial our valuation was met in full.
“I’d like to thank him for his exceptional performances for the club, and I wish him all the best going forward.”
The Ecuador international joined Albion on deadline day of the 2020/21 January transfer window from Independiente del Valle.
Caicedo came through the youth ranks at Ecuadorian top-flight side Independiente before making his first appearance for the club in October 2019.
A year later he made his first senior appearance for his country in a 1-0 2022 FIFA World Cup qualification defeat against Argentina.
The midfielder arrived on the south coast having also won the 2020 Under-20 Copa Libertadores with Independiente.
He made his first start for Albion in a Carabao Cup second round match at Cardiff City in August 2021, impressing in central midfield as a young Albion team defeated the Bluebirds 2-0.
Caicedo then joined Beerschot on loan for the first half of the 2021/22 campaign, before being recalled for the second part of the season.
He made his Premier League debut in a 2-1 win over Arsenal in April 2022, impressing as he helped Albion end a run of eight matches without victory.
Last season Caicedo became a key player for Albion under Roberto De Zerbi, missing only one Premier League game as we finished in sixth spot, qualifying for Europe for the first time in the club's history.