The French striker has agreed to extend his contract with the club until June 2024.
According to reports from France, Arsenal's French forward Alexandre Lacazette has reached a deal with Lyon to sign a new contract at the club. The agreement is said to be for three years and will keep him at the club until June 2024.
This news comes as a relief to both Lacazette and Lyon fans who have been hoping that he would remain with the club. Lacazette has been a key player for Lyon in recent seasons and has helped them win several major titles including the Ligue 1 title in 2018-19.
The deal is also good news for Lyon who have struggled financially in recent years. With Lacazette remaining at the club, they can focus more on their domestic league and European competitions instead of worrying about their financial situation.
It remains to be seen how this news will impact Lacazette's transfer market value but it seems likely that he will continue to attract interest from other clubs due to his form and experience.
Overall, this is a positive development for both Lacazette and Lyon and we can expect to see more exciting times ahead for the club.