The 22-year-old has been linked with the likes of Arsenal and Tottenham in recent months.
He told RMC Sport: “There is no question to ask. I will stay at least one more season.
“I do not want to let go of the boat. It’ll be hard (when I do) but then I must ask the president. But I’m good at Lyon.”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.