Confirmed: Man United agree deal to sell out of favour attacker for over €20m
Lyon have agreed a deal to buy Manchester United forward Memphis Depay
Much was expected of the 22-year-old forward after arriving for £25million from PSV Eindhoven in the summer of 2015, but a frustrating first season at Old Trafford was compounded by a disappointing second campaign.
Depay has made just one start in all competitions under Jose Mourinho and Lyon have had an offer accepted, which it is understood could reach around 25 million euros (£21.7m).
United have inserted buy back and sell-on clauses into the deal, while add-ons to the initial outlay include the French club qualifying for the Champions League and the Dutchman signing a new deal with them.