- PSG agree deal to sign David Luiz from Chelsea
- The Brazil international could become the most expensive defender ever
- French club were recently sanctioned by UEFA under new Financial Fair Play rules
Follow us at @WorldSportCNN and like us on Facebook
(CNN) — They may have just been sanctioned by UEFA for breaching Financial Fair Play rules but Paris Saint-Germain is showing no sign of putting away the checkbook.
The French champions announced an agreement has been reached with Chelsea late Friday to sign Brazil international defender David Luiz subject to the player passing a medical and agreeing personal terms.
Neither club confirmed the extent of the fee agreed although reports earlier in the day had suggested a figure in the region of £40 million ($ 67 million) was likely.
“Paris Saint Germain, Chelsea and David Luiz would like to confirm that they reached an agreement regarding the terms of an upcoming transfer of the Brazilian defender that would occur during the next transfer window which is due to start on 10th June 2014,” read a statement released by PSG.
“In accordance with the player’s wish to prepare for and play in the World Cup in his home country in the best possible conditions, both clubs and David Luiz wished to reach an agreement as soon as possible.”
If the $ 67 million fee reported is correct it will make Luiz the most expensive defender ever, overtaking the $ 57 million PSG paid to sign Thiago Silva from AC Milan in 2012.
How the Parisians aim to incorporate the deal into their commitments to comply with UEFA’s new financial regulations remains unclear, however.
Selling players or increasing revenues is a possibility but president Nasser al-Khelaifi has publicly stated his intention to
Incoming Search Terms:
PSG to sign Luiz from Chelsea
Chelsea, from, Luiz, sign
