The 21-year-old looks certain to leave Stamford Bridge this summer having failed to establish himself in the first team at the club.
Despite his progress, the Burkina Faso global is surplus to requirements at Stamford Bridge and looks set to fill the void that is likely to be left by Lacazette's impending departure.
Speaking at a presentation for Lyon's first summer signing, Brazilian defender Fernando Marcal, Aulas said of their pursuit of Traore: "We absolutely want to do this deal". There are advanced talks there, but many clubs are interested.
However, such rumours have seemingly been quashed this evening, with news breaking that Chelsea and Lyon have agreed on a deal that will take the youngster to the French top flight next season.
Traore, who has been at Chelsea since 2013, spent last season on-loan at Ajax and he enjoyed a good campaign, scoring nine goals from 24 Eredivisie appearances, while also helping the club reach the final of the Europa League.
The forward managed to make 16 appearances across all competitions last season for Chelsea - mostly under interim boss Guus Hiddink towards the back-end of the 2015/16 campaign - before heading to Ajax for another loan spell.