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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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?