Chelsea are said to be closing in on the signing of Lyon teenager Malo Gusto.

The Blues are continuing their staggering spending spree under co-owner Todd Boehly.

The right-back has been linked to Manchester United and Newcastle United in the past.

According to Foot Mercato, Gusto is all but set to sign for Chelsea in the coming days.

The 19-year-old will sign a long-term contract and arrive for a modest fee of around £13 million.

The fee, however, could rise if Lyon can manage to negotiate more favorable terms with Chelsea.