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Chelsea sign teenage Sheff Wed defender Alao

Defender Yisa Alao in action for Sheffield Wednesday against PortsmouthGetty Images

Chelsea have signed teenage Sheffield Wednesday defender Yisa Alao for an undisclosed fee on a two-and-a-half-year deal.

BBC Sport understands the Premier League side have paid around £500,000 for the 17-year-old.

Alao made five appearances for the administration-hit Championship club after making his debut aged 16 in August.

Wednesday's administrators said in a statement: "Our responsibility is to act in the best long-term interests of Sheffield Wednesday and its creditors.

"This transfer balances immediate value for the club with protection for the future, should Yisa's career develop as we all hope."

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