Olympique Lyonnais chairman Jean-Michel Aulas says the future of striker Alexandre Lacazette could be in France.
The 26-year-old was all set to join Atletico Madrid in Spain before the Court of Arbitration for Sport upheld the transfer ban imposed on the Spanish giants.
Arsenal and Manchester United are both interested but Aulas says there is a possibility that the Frenchman will eventually stay with Lyon.
"His transfer to Atletico will not happen, his decision to depart is now up in the air," Aulas is quoted as saying by Metro.
"Today, unfortunately, things are not possible. We will have to meet with Alex again, but he knew that this could happen because he said in an interview that he might stay.
"Obviously, this puts things a little in place, even if in football, things are never definitively finished. We will have to see what will happen in the future, but today the decision to let Alexandre go is now under scrutiny.
"I would prefer that he stays. In the context of our competitiveness and our desire to build a truly great team for next season… Lyon has a lot of very good players and if Alexandre does not leave it will be another player in very similar conditions.
"It will not be the financial argument which will make things fall through.
"The discussions with Alex will allow us to determine what is the best for the club and for him. The window is not open. It only opens on the 9th June and today is the 1st."
