Lyon president Jean-Michel Aulas claims talks have progressed regarding a deal which would see goalkeeper Hugo Lloris join Tottenham Hotspur.
Lloris has been linked with a move to Tottenham for much of the summer, with Lyon reportedly demanding €15million (£11.9m) for the France international.
Aulas says he spoke to Spurs chairman Daniel Levy on Sunday and suggests a decision will now lie in the hands of Lloris.
Spurs have extra cash to spend before Friday's transfer deadline following the sale of Luka Modric to Real Madrid and Aulas is awaiting further developments.
"The sale of Modric from Tottenham to Madrid is important, as is the amount of the transfer," said Aulas at a press conference.
"It's true that on Sunday we had a lot of contact with Daniel Levy. Things progressed during these talks, both qualitatively and quantitatively, but nothing's concrete yet.
"I've informed Hugo of these discussions. We'll have to be a bit patient to find out.
"The decision belongs to Hugo who, I think, will be approached by Tottenham very soon. The clubs' positions have moved closer together."
A deal for Lloris would add a more youthful look to Spurs' goalkeeping department, with Andre Villas-Boas currently able to choose from 41-year-old Brad Friedel and thirty-somethings Carlo Cudicini and Heurelho Gomes.