Atletico Madrid Sign Moussa Dembele On €1.5m Loan From Lyon

Atletico Madrid have signed Moussa Dembele on loan from Lyon until the end of the season.

Lyon said in a statement that the loan deal worth €1.5m (£1.3m) is accompanied by a purchase option set at €33.5m (£27m).

On top of that there may be added incentives up to €5m (£4.5m), as well as a sell-on fee of 10 per cent on a possible future transfer.

The 24-year-old joined Lyon from Celtic for €22m (£20m) in August 2018 and is under contract until June 2023.

He has scored 45 goals in 108 games for the Ligue 1 leaders.

Lyon have signed Leicester striker Islam Slimani to replace him.

Slimani, 32, has signed an 18-month contract at Lyon after the Ligue 1 club agreed the loan of former Fulham and Celtic forward Dembele to Atletico.

The Algerian international joined Leicester from Sporting Lisbon in August 2016 for a club-record £29m fee.

Slimani made one Leicester appearance this season, coming on as a substitute in October’s 1-0 Premier League home defeat to Aston Villa.