Paris Saint Germain have signed AC Milan's Swedish international striker Zlatan Ibrahimovic, the French club's sporting director Leonardo told AFP on Tuesday.
The 30-year-old - who has previously played for among others Barcelona and Juventus - will be paid a reported 15 million euros ($18.4 million) a year, making him the highest-paid player in Ligue 1, should he pass a medical on Wednesday morning.
It will take Qatari-owned PSG's spending to over 100million euros ($122.7million) in the close season.
Ibrahimovic's arrival along with AC Milan team-mate Thiago Silva - who signed last week - comes at an estimated cost of between 70 and 80 million euros while they have also signed in the past couple of days young Italian defensive midfielder Marco Verratti from newly-promored Serie A side Pescara.
PSG - who will play in the Champions League next season after finishing second in the league last term - also shelled out a reported 30million euros for Argentine international Ezequiel Lavezzi from Napoli earlier this month.
Signing high profile players like Ibrahimovic will come as some relief to Leonardo who had seen earlier efforts to sign Brazilian striker Alexandre Pato (AC Milan), Argentinian Carlos Tevez (Manchester City) and another Argentinian Gonzalo Higuain (Real Madrid) come to nothing.