The Paris Saint-Germain (PSG) and Lyon FC have reached an agreement on the extension of their contract between now and the end of the current season, according to a report from French newspaper Le Parisien.

According to the deal, PSG will continue to pay Lyon FC €15 million for the next three years, which is a significant increase from the previous €9 million. The agreement was signed in December 2021 and is expected to be completed by the end of January 2024.

The deal comes after a tumultuous period for both clubs, with the two sides fighting over who would retain the services of their star players. However, it appears that negotiations were successful and that the clubs are now set to move forward towards a mutually beneficial arrangement.

The move is likely to see Lyon FC's financial situation improve, as they may be able to reduce their debt to the club in order to make room for additional funds to sign new players. This could also help to boost the team's performance and competitiveness in the league.

Overall, the extension of the PSG-Lyon contract looks like it has been a positive development for both clubs. It shows that both parties are committed to finding a mutually beneficial solution, and it is hoped that this will lead to a more stable and prosperous future for both clubs.