Lyon has finally struck an agreement with Manchester United for a deal to sign Memphis Depay.
The Dutch winger will move for a £14.75 million fee which would rise to £21.7 million.
Sky Sports reports that United will have a buy-back option, as well as sell-on clauses inserted into the deal.
Depay was bought in May 2015 by Louis van Gaal, who also gave him his Holland debut.
He arrived at Old Trafford, after finishing the 2014/2015 season as the Eredivisie’s top scorer, as PSV won the Dutch title.
On signing Depay said: “It’s been an exciting and hectic period and to have had to choose between so many top clubs doesn't make it any easier.
“Manchester United is an absolute dream club so I didn't need any convincing about the quality of the guys already there.”
This season, Depay has found first-team chances limited under Jose Mourinho
The 22-year-old has featured just eight times for United under Mourinho, with his last appearance against Feyenoord in the Europa League on November 24.