Ecuadorian striker Felipe Caicedo has completed a switch to Lokomotiv Moscow, Levante have confirmed.
The La Liga side recently exercised their option to make Caicedo’s loan deal from Manchester City permanent for €1 million.
However, they have now revealed that the player has been sold to Lokmotiv Moscow on their official website.
The Russian club have agreed to pay €7.5 million for the Ecuadorian striker in a deal that could rise to €9.5 million.
Levante will be due another €1.5 million if Lokomotiv qualify for the Champions League in any of the next four seasons, as well as another half a million if Caicedo scores 15 or more goals in one season.
In addition to that, the Spanish club will earn 10% from any future sale of the player.
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