The Frenchman said this week he had been banished to Chelsea’s reserves.
“Florent Malouda was discussed, but it was thought that it was very difficult economically,” said Lyon chief Aulas.
“However, he is one of our friends and if he wishes to play for Lyon again, he would obviously be welcome.
“Provided though that he fits into the game plan of the coach and the economics of the business of a modest provincial club.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.