Yes they will. My 1990 2wd Sapphire is lowered with koni adjustables and eibach springs and I have had the arches rolled. I had a set of tyres the same size as yours and when fitted they rubbed badly when you turned the steering. If you have not had the arches rolled either it will be even worse. 205/40/17s are the right size to fit. If you are only thinking of buying the tyres dont waste your money as you will be gutted when you try to fit them.
Cheers Richard.