Paris Saint-Germain have triggered the option to sign Inter Milan striker Mauro Icardi on a permanent basis.
The Argentina international spent the 2019/20 season on loan at the Ligue 1 club, which was cancelled last month due to the coronavirus pandemic. The Parisians were subsequently awarded the title.
"Paris Saint-Germain are delighted to announce the signing of Mauro Icardi on a permanent deal, following the striker's loan from Inter Milan during the 2019-2020 season," the French club said.
Given the current economic situation the French champions succeeded in reducing the fee "to under" €60 million (Dh245m), as opposed to the €70 million initially requested, according to reports in France and Italy.
Icardi, 27, has signed a four-year contract with the French champions, with PSG suitably impressed with the striker's return of 20 goals in 31 appearances despite competing with Edinson Cavani, Kylian Mbappe and Neymar for a starting place.
Uruguayan striker Cavani, 33, the club's record goalscorer, is out of contract next month and has been linked with a move to Spain with Atletico Madrid as well as a return to Italy, possibly to replace Icardi at Inter.
Inter manager Antonio Conte made clear to Icardi last summer that he was not part of his plans, with Romelu Lukaku signed from Manchester United for big money. The Belgium international went on to forge a prolific partnership with Lautaro Martinez before Serie A was also halted by the Covid-19 outbreak.
"The club thanks the player for the six seasons he spent with us and wishes him the best for his future professional career," Inter Milan said in a statement.
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UAE currency: the story behind the money in your pockets
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
UAE currency: the story behind the money in your pockets
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars
Usain Bolt's time for the 100m at major championships
2008 Beijing Olympics 9.69 seconds
2009 Berlin World Championships 9.58
2011 Daegu World Championships Disqualified
2012 London Olympics 9.63
2013 Moscow World Championships 9.77
2015 Beijing World Championships 9.79
2016 Rio Olympics 9.81
2017 London World Championships 9.95
