Celtic striker Moussa Dembele has completed a £19.7m move to Lyon, the French club have said.

The Scottish champions announced on Friday night that they had accepted an offer for the French under-21 forward.

The Ligue 1 club's president Jean-Michel Aulas said Dembele has signed a five-year deal.

Manager Brendan Rodgers said earlier on Friday that a "significant" bid had been rejected for the 22-year-old, and that he did not expect him to be sold.

However, in a statement, Rodgers said the fresh bid had been accepted "to serve the best interests" of "the culture and environment" at Celtic.

"The board have been very supportive to me on this issue," Rodgers added.

Dembele sat out Thursday's win over Suduva after Lyon's bid emerged.

The France Under-21 international later posted two tweets, containing messages which read: "A man, without his word, is nothing. A real man keeps his word", and "A lie has many variations, the truth has none".

On Friday, he made a brief appearance on the club's Lennoxtown training pitch before retreating indoors.

He is two years into a four-year contract with the Scottish champions.