Lyon will pay Chelsea £16.75m to land young striker Bertrand Traore ahead of Everton and West Ham.
The French club look well set to hold off the Premier League pair in order to complete a deal for Traore.
However there were still question marks over the deal, with Chelsea and Lyon yet to agree a fee.
But now L'Equipe has claimed that a deal has been reached with a sum of around £16.75m heading Chelsea's way and the 21-year-old set to sign a five-year deal.
The Burkina Faso-born hotshot had emerged as a target for both Everton and West Ham after he scored nine goals in 24 appearances on loan at Ajax last season.