The Principality club seem to have won the race for the player’s signature having had an €8 million bid accepted on Friday, although they have yet to reach an agreement with the 19-year-old.
Bakayoko was also on the radar of Liverpool, but the Reds have failed to make their interest concrete.
The talented midfielder is another quality footballer to have come out of France’s best youth academy and he largely impressed in his first ever professional season.
Bakayoko quickly nailed down a regular starting berth at Stade de la Route de Lorient, and went on to make 24 league appearances last term.
The holding midfielder arrives at Stade Louis II as a replacement for Moroccan Mounir Obbadi, who has joined Hellas Verona on a season long loan with an option to buy.