Inter Milan's Icardi completes loan move to PSG
Paris Saint-Germain have signed attacker Mauro Icardi on loan from Inter Milan with an option to buy him at a later date, the clubs have announced.
The Argentina international signed a contract extension with the Italian club until 2022 before penning a season-long loan deal with PSG that includes the option of a permanent transfer for around €70 million.
Icardi, 26, fell out of favour with Inter and is not part of coach Antonio Conte's plans for this season, having missed much of last season after he was stripped of the captaincy in February.
He arrived in Paris on Monday and underwent his medical before completing his Parc des Princes switch.
"I'd like to thank Paris Saint-Germain for the confidence they have shown in me," Icardi said after putting pen to paper on his contract. "I will give everything to help my new team go as far as possible in all competitions.
"Paris Saint-Germain has become an international football powerhouse, attracting some of the greatest players in recent years. The momentum is strong in Paris, ambitions are high and I am sure that we have everything here to go even further. And I'm really looking forward to playing at the Parc des Princes, a stadium famous for its beauty and passion!"
However, the Brazil international is not a short-term solution to that problem as he is suspended for the first half of the continental group stage for his insulting behaviour towards officials after last season's exit against Manchester United.
PSG also announced on Monday they are sending Spanish winger Jese Rodriguez to Portuguese side Sporting Lisbon on a year-long loan.