Chelsea CONFIRM Malo Gusto transfer as they snap up defender in £26m deal and loan him back to Lyon for rest of season

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CHELSEA have signed Lyon full-back Malo Gusto on a deal that runs until 2030.

The Blues had been in hot pursuit of the the 19-year-old for weeks as they looked for more cover on the right for Reece James.

GettyGusto is the latest new name to arrive at Stamford Bridge this month[/caption]

Gusto has been signed for in a £26m deal but will be loaned back to Lyon for the rest of the season.

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The deal is the SEVENTH transfer Chelsea have pulled off in their frantic January window as the Todd Boehly-led ownership continue the splash the cash.

Malo arrived in London to do his medical yesterday after Chelsea managed to strike a deal with reluctant Lyon chiefs.

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More to follow…

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