PSG to sign Icardi permanently for €50M

Icardi Inter Milan PSG

Inter have made nearly a 100% capital gain by selling Argentine striker Mauro Icardi to Paris Saint-Germain, according to a report from Italian news outlet Calcio&Finanza earlier today.

French champions Paris Saint-Germain have signed striker Mauro Icardi on a permanent deal from Inter Milan, the Serie A club said on Sunday (May 31).

Given the current economic situation the French champions succeeded in reducing the fee "to under" 60 million euros ($66 million), as opposed to the 70 million euros initially requested, according to the French and Italian sports press.

There is no doubting the pedigree of the 33-year-old, who has scored a remarkable 200 goals in 301 PSG matches after similarly prolific spells at Napoli and Palermo.

Inter sporting director, Piero Ausilio, said earlier on Friday: "Icardi wants to stay at PSG and we are in talks to make that happen". The negotiations, however, seemed to have reached a breakthrough with both sides agreeing to the 50 million euros deal plus €7m more in potential add-ons.

Despite facing healthy competition from Cavani, Icardi was deemed the first-choice option as the attack spearhead in the recently-terminated season. PSG found the ideal replacement to their record goal scorer (200 goals in 301 appearances), albeit with a different profile.