Arsenal and Manchester United target Michel Bastos has signed a new contract at Lyon reports talkSPORT.
The 28-year-old Brazilian wing-back had been heavily linked with a move to the Barclays Premier League, but nothing materialised in the summer transfer window.
Arsenal boss Arsene Wenger had been credited with an interest in bringing Bastos to the Emirates Stadium, but instead opted to move for his compatriot Andre Santos, who joined the Gunners on deadline day.
Sir Alex Ferguson has also kept tabs on the player as he looks to add competition to his Old Trafford ranks for current left-back Patrice Evra.
Lyon's stern refusal to sell Bastos had quelled Manchester United and Arsenal's attempts to sign the talented South American star, and having committed to the Ligue 1 club until 2015, it should draw an end to speculation about his future.
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