London: Chelsea have bolstered their attacking options by signing France forward Loic Remy from Premier League rivals Queens Park Rangers on a four-year deal, the 2012 European champions announced on Sunday.
The pacy Remy, 27, arrives at Stamford Bridge after Chelsea activated a 10.5 million pound buyout clause ($17.42 million) in the player`s contract.
"I feel very happy and very proud. When I heard Chelsea wanted to sign me I said "let`s go" straight away because they are one of the best clubs in the world," Remy, who has scored five goals in 24 games for France, told the club`s official website (www.chelseafc.com).
"I remember the amazing atmosphere at Stamford Bridge when I played there for Marseille and I can`t wait to play for the first time in front of my new fans."
Chelsea moved for Remy after AC Milan agreed a two-year loan deal for misfit striker Fernando Torres.
Remy spent last season on loan at Newcastle United scoring 14 goals in 26 Premier League appearances following QPR`s relegation from the Premier league.
He becomes the sixth signing for Chelsea, who have won their opening three league games to top the Premier League table.