Lyon and Arsenal have made significant progress in their negotiations over the future of French striker Thomas Lacazette, according to reports from the French media.

The two clubs have reportedly reached an agreement on terms for a new contract that would keep Lacazette at Stade Rennais until the end of the 2024-25 season. The deal is expected to be worth around €18 million (£15. 5 million) per year, making it one of the most lucrative contracts in European football history.

According to reports, Lacazette is eager to extend his stay at Lyon and has been working hard to convince the club to sign him for another three years. He has also expressed his desire to continue playing for the team he helped win the Ligue 1 title last season.

Meanwhile, Lyon president Olivier Giroud has been instrumental in securing the deal, as he has worked closely with Arsenal to negotiate a mutually beneficial arrangement. Giroud has stated that he believes Lacazette will bring significant value to the club and that the deal will help them compete in Europe's top leagues for many years to come.

The move comes after Lacazette spent the previous five seasons at Arsenal, where he became one of the club's most successful players. He scored 67 goals in 129 appearances during his time there, helping the Gunners win four Premier League titles and reach the Champions League final twice.

With Lacazette now set to remain at Lyon, fans can expect to see more exciting matches between the two teams in the coming season. As for Arsenal, they will need to find a replacement for Lacazette if they want to maintain their position at the top of the league table. However, with the addition of other talented players like Pierre-Emerick Aubameyang and Alexandre Lacazette, the club remains a formidable force in European football.