DONE DEAL: Atletico Madrid win race to sign €30m-rated Chelsea top transfer target

According to latest reports, Atletico Madrid have won the race to sign former Chelsea transfer target Moussa Dembele.

Dembele joins Atletico Madrid on loan for the rest of the season with an option to buy for around £31million.

The 24 year old striker replaces former Chelsea goal machine Diego Costa whose contract with Atletico Madrid was terminated last month.

Meanwhile, Costa is reportedly eyeing a return to the Premier League and Wolves have been linked with a move for the striker.