Former Wolves manager Julen Lopetegui is interesting Lyon.
New Lyon owner John Textor is eager to find a new coach and replace Laurent Blanc after a poor start to the season.
Blanc has been sacked by Textor and talks are underway for his successor.
Lopetegui is a candidate after he left Wolves before the start of the season.
However, Lyon will face competition with Villarreal also keen.