Memphis Depay endured an unhappy 18 months at Manchester United, but the Premier League giants retain a right to re-sign him from Lyon.
Manchester United have an option to bring Memphis Depay back to Old Trafford, according to Lyon sporting director Juninho.
Netherlands international Depay joined United from PSV in 2015 but could only manage seven goals in 53 appearances across all competitions.
An unhappy 18 months concluded when he joined Lyon for a fee in the region of £16million in January 2017 - and the 25-year-old has been revitalised in Ligue 1.
Depay has scored seven times in 10 top-flight appearances this season despite his club's troubled start to the campaign, along with four in as many Champions League outings.
Speaking on Tuesday, Netherlands head coach Ronald Koeman told reporters it would be better for his country if Depay was playing for a bigger club.
In the event of his performances drawing offers from some of Europe's big hitters, Juninho told his club's official website that United retain first refusal under the terms of Depay's move to France.
"Manchester has a priority if several clubs line up to buy him," he said.
"But we have not received any offers so far. He is really happy right now in Lyon.
"We will discuss a contract extension by the end of the year."
Depay's current deal runs until the end of next season.
Lyon lie 14th in Ligue 1 after a 2-1 defeat to rivals Marseille last Sunday, although recently installed head coach Rudi Garcia had overseen three consecutive wins before that setback.