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Paris Saint-Germain have signed Mauro Icardi from Inter Milan on a permanent deal, the French club have announced.
The striker spent the 2019-20 season in Paris on loan, and the French champions have taken their option to sign the Argentine permanently.
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Sources had previously told ESPN the deal would be worth €50 million euros plus €7m euros in potential add-ons, which is significantly less than the €70m release clause included in his loan agreement.
Inter recognised that due to the current situation with the coronavirus pandemic, it was fair to lower their asking price. Inter have long wanted to sell the striker, who joined the Nerazzurri seven years ago from Sampdoria.
Icardi made his mark on PSG last season, scoring 21 goals in all competitions.