Lacazette's contract extension with Lyon has been confirmed by both parties. The agreement is expected to be in place for at least three years.

The deal involves a two-year option on Lacazette's contract which will run until the end of the 2019-20 season. The option gives Lyon the right to extend Lacazette's contract beyond the current term.

The move comes as a surprise given that Lacazette was originally set to terminate his contract at the end of the 2018-19 season after failing to meet the standard of performance required by the club. However, it remains unclear whether Lyon will be able to secure a replacement player before the end of the current season.

Despite this uncertainty, Lyon have already begun looking ahead to potential replacements for Lacazette. They have reportedly made contact with several clubs and are hopeful of securing a new signing before the end of the transfer window in June.

It remains to be seen how the negotiations between Lacazette and Lyon will proceed, but it is clear that there is significant interest from other clubs in the French footballing talent.