The previous record was set by Manchester City following the signing of Jack Grealish from Aston Villa for a record £100m in August 2021. However, Chelsea could yet make a late bid for Brighton’s Moises Caicedo, who has been strongly linked with Arsenal for much of the last month.
The south coast club turned down Arsenal’s initial £60m offer, and have since been adamant the Ecuador international will remain at the club for the rest of the season, as reports on Monday claimed a second bid had been swiftly rejected.
Chelsea have spent over £450 million on transfers since the conclusion of last season with seven new players in Joao Felix, Benoit Badiashile, David Datro Fofana, Mykhailo Mudryk, Andrey Santos and Noni Madueke arriving at Stamford Bridge this month.
Ahead of a busy day across the Premier League and EFL, we have picked the transfer deals to keep an eye on today...

5. Diego Llorente to Roma
Jose Mourinho has moved quickly to sign Llorente, who missed the cut for this winter's World Cup, after centre-back Chris Smalling handed in a transfer request late last week amid interest from Inter Milan. Photo: Simon Hulme

6. Lewis O'Brien to Sheffield United or West Brom
The former Huddersfield Town man could be on the move six months after leaving West Yorkshire, with Sheffield United and West Brom interested in the player. Photo: Marc Atkins

7. Pedro Porro to Spurs
Tottenham's move for the Sporting Lisbon man was reportedly off on Monday before later reports claimed it was back on. Photo: PATRICIA DE MELO MOREIRA

8. Someone to Sheffield Wednesday
Darren Moore said at the weekend: "I’m prepared to go all the way until 11pm on Tuesday night if needs be." With at least one new arrival expected at Hillsborough today. Photo: Ashley Allen

