Paris St Germain have confirmed they have agreed a deal to sign Inter Milan midfielder Thiago Motta.
Motta, 29, has long been linked with a move to PSG, but Inter boss Claudio Ranieri had recently expressed a belief that the player would remain in Milan.
However, PSG announced on Tuesday that an agreement had been reached over the transfer and a press conference is to be held on Wednesday.
"A press conference will be given on Wednesday February 1 2012 at 15h30 at the Parc des Princes to present Thiago Motta," a statement on PSG's official website read. "This presentation will be attended by PSG's sporting director, Leonardo."
An Inter statement added: "We wish Motta the best of luck in his career in France with PSG."
The deal is said to be worth €10 million.
Inter, who have also allowed Sulley Muntari to head to rivals AC Milan, have boosted their midfield ranks with the signings of Angelo Palombo from Sampdoria and Fredy Guarin from Porto on loan until the end of the season.
The club also confirmed that Brazilian defender Juan Jesus has signed a contract until June 2016. The Brazil Under-20 international arrived earlier this week on a permanent deal from Internacional de Porto Alegre.