PSG snare Pastore
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Paris Saint-Germain confirmed today they have sealed the transfer of Argentine international playmaker Javier Pastore from Palermo in a deal worth a record €43m. A club source that Pastore will become the most expensive signing ever in French football, eclipsing the €33.5m that PSG paid to bring Nicolas Anelka from Real Madrid in 2000.

The 22-year-old becomes the eighth new recruit at PSG this summer, bringing the transfer tally at Parc des Princes during the close season to over €84m - another record, beating the €77.5m that Lyon paid for four players in the summer of 2009.

Earlier ANSA news agency reported that the agreement had been struck in London late Friday night, citing Palermo's president Maurizio Zamparini. The player's annual salary is thought to be in the region of €4m.

The Parisian club, who finished fourth in Ligue 1 last season, are expected to officially unveil the Argentine midfielder in the coming days on a five-year deal. PSG are in London ahead of their Emirates Cup matches against New York Red Bulls today and Boca Juniors tomorrow.

PSG boss Antoine Kombouare has embarked on a summer spending spree since the Qatar Investment Authority bought a controlling stake in the club almost two months ago. Pastore has been one of the most coveted players in world football and his transfer to Parc des Princes would announce PSG's arrival as serious players on the European scene. He was also being tracked by Chelsea. He played 35 matches for Palermo in Serie A last season, scoring 11 goals.