Corinthians unofficially confirms Gabriel Moscardo transfer to PSG

Corinthians president Augusto Melo nearly confirmed that 18-year-old midfielder Gabriel Moscardo is set to leave the club, with Paris Saint-Germain his most-likely destination.

This development follows recent reports suggesting PSG's interest in the young Brazilian talent and reported offers made by the French champions to the Brazilian club to poach the wunderkind from his nation and sign him as soon as possible.

According to ESPN Brazil, a meeting was held on Tuesday evening between Corinthians and PSG to progress the transfer negotiations, with both clubs locked into reaching an agreement this week.

PSG and Corinthians have reportedly reached an agreement quoted at €25m with an initial fee of €22m and €3m in bonuses raising the potential final price to be paid for the player.

The only pending issue is Moscardo's rights to the transfer fee, reportedly set at 20%. Corinthians' side is negotiating with the player aiming at the youngster waiving that clause so all of the money goes to the club's coffers.

Melo said Moscardo "is almost an amateur player with very little experience in the professional world. I wish he stayed much longer."

The president also noted the club's main strategy is not to rely on young player sales as a primary source of income, although he acknowledged that Moscardo's mindset is already focused on PSG, saying, "Unfortunately, it's the end of a cycle."

Said Melo: " already has his head elsewhere. We gave him the right to choose. May he be happy."

With Moscardo's transfer nearing completion, PSG is also close to finalizing the acquisition of fellow Brazilian and 20-year-old wunderkind Lucas Beraldo, whose natural position is in the middle of the defense.