Bastos has been the subject of interest from the Premier League giants in the past only for Lyon’s refusal to sell causing the duo to halt their pursuit of the 28-year-old.
However recent reports indicate that both clubs remain keen to secure his signature which has prompted the Ligue 1 side to offer the left sided player a new contract.
That deal was duly signed keeping Bastos at the Stade de Gerland until 2015 and putting an end to any speculation over his future in France.
Since moving Les Gones in 2009 Bastos, who can play in defence or midfield, has been linked with a switch to England with United boss Sir Alex Ferguson reportedly keen to utilise his versatility on the left.
Gunners manager Arsene Wenger also considered a bid for the Brazil international after losing Gael Clichy in the summer but opted to sign fellow countryman Andre Santos from Fenerbahce instead.
Despite Bastos penning a new deal at Lyon both clubs haven’t been perturbed in their efforts to secure his services.
FREE football app that pays you to view ads