Denayer has signed a four-year deal, with the transfer fee taking into account €3.5 million in potential bonus payments.
The 23-year-old joined City’s academy as a youth but never established himself in their first team, and has spent the last four years being loaned out to various clubs.
📝 Jason Denayer s’engage pour 4 ans ! https://t.co/3wLfMLvPHw
— Olympique Lyonnais (@OL) August 21, 2018