Malouda had already made it clear he wanted a move to the London club and will now get his wish provided he passes the medical on Monday.
The French international midfielder was voted Player of the Year in Ligue 1 last season and has won four Ligue 1 titles with Lyon. If there are no last minute hitches he will now join Chelsea in time for their US tour, including a match against LA Galaxy, David Beckham’s new club.