According to Gazzetta dello Sport, negotiations between both clubs are progressing, with the agreement expected to include an option for the Ligue 1 side to make Openda’s transfer permanent.
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The former Lens forward has been deemed surplus to requirements in Turin, prompting Juventus to explore a departure before the summer transfer window closes.
Under the proposed arrangement, Lyon would reportedly contribute €4 million towards Openda’s annual salary, with Juventus covering the remainder.
The development could be disappointing news for Coventry City and Lens, who have also expressed interest in signing the forward.