CBS Sports journalist Ben Jacobs says that Liverpool 'don't see value' in transfer target Moises Caicedo's reported £75m price tag.

The Lowdown: £75m or bust

Jacobs reported on Wednesday night that Brighton and Hove Albion are demanding a fee in excess of £75m if they are going to sell Caicedo in January, with Chelsea having 'tested the water' with a £65m offer.

A deal this month is thought to be 'tricky', while Newcastle United are also thought to be 'monitoring' his situation.

Nonetheless, it seems like Brighton will not let Caicedo go in January for less than the massive price tag that they have placed on him.

The Latest: Liverpool 'don't see value'

Taking to Twitter, Jacobs has added that although the Reds do hold a long-term 'interest' in Caicedo, they 'don't see value' in Brighton's £75m price tag at this moment in time:

"Liverpool interest in Caicedo dates back to Independiente del Valle. They didn’t move because his agent(s) situation was complicated and there were lots of side costs away from the transfer fee itself. Told they don’t see value in Brighton’s price tag right now."

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The Verdict: Wait for Bellingham?

Borussia Dortmund and England international star Jude Bellingham is also a reported target for Liverpool, and their bosses are thought to be 'optimistic' about getting a deal done in the summer.

Thus, if he is still their main target, then they should wait until then before making a potentially rash move for Caicedo in January, which would cost them a lot of money.

Lingering in ninth place in the Premier League table, Jurgen Klopp's side are not guaranteed to finish in the UEFA Champions League spots come the end of the campaign, and so may not get the lucrative money that would come from qualifying for it that they could then spend on new signings.

It would be risky not going for Caicedo this month given the interest from their top-flight rivals, but the Merseyside club should wait to see if they can get Bellingham first, before deciding to splash the cash on the Ecuadorian.