Chelsea did not disclose what they had paid for the midfielder, but British media reported that the fee is likely to be in the region of 40 million pounds ($52 million).
"I am very happy to be here and to join this great team," Bakayoko told the club's website. (www.chelseafc.com)
"I have grown up watching Chelsea. Signing was the natural thing for me because it is a club I loved very much in my childhood. I am now looking forward to evolving under this fantastic coach and alongside so many great team mates."
Chelsea have signed goalkeeper Willy Caballero from rivals Manchester City and also brought in centre-back Antonio Rudiger from Italian side AS Roma.
(Reporting by Simon Jennings in Bengaluru, editing by Pritha Sarkar)
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