Olympique Lyon managed to clinch a deal for former Manchester United attacker Memphis Depay thanks to a new investor.

Lyon president Jean Michel Aulas has confirmed the transfer will cost "€16.5 million plus €8 million in bonuses".

And L'Equipe says the deal has been funded by new Chinese investors, IDG.

IDG are ploughing €100 million into the club, with the first payment of €30 million made last month.

The fresh funds allowed Aulas to see off competition from PSG, Marseille and Everton to land Depay last week.