Chelsea have continued their January spending spree with the signing of right-back Malo Gusto from Lyon.

The France Under-21 international has signed a seven-and-a-half-year deal at Stamford Bridge, but he will spend the remainder of the 2022-23 season on loan at Lyon.

Gusto, who has made 54 appearances for Lyon since making his debut in January 2021, is reported to have cost Chelsea an initial £26.3million (€29.9m) plus various add-ons.

He becomes Chelsea's seventh signing of the window following the arrivals of Mykhaylo Mudryk, Benoit Badiashile, Noni Madueke, Andrey Santos, David Datro Fofana and Joao Felix, the latter joining on loan from Atletico Madrid.

The 19-year-old attacking full-back will provide long-term competition and cover for Reece James, who has missed the majority of this season through injury. 

Chelsea are also rumoured to still be in the market for a central midfielder, having so far been frustrated in their attempt to sign Argentina World Cup star Enzo Fernandez from Benfica.