PARIS (AP) -- Paris Saint-Germain has agreed a deal with Brazilian club Sao Paolo to sign highly rated midfielder Lucas in January on a five-year deal, underlining both its massive strength in the transfer market and its newfound allure.
PSG did not give any financial details of the transfer and said in a statement Wednesday that Lucas will join the club after the winter break ends in January 2013.
The 19-year-old Lucas became one of Brazil's most talked-about players after helping Brazil win the under-20 South American championship in February. Manchester United was among the other clubs reportedly keen to sign him.
He is the latest high-profile signing to join PSG, which last month signed Serie A top scorer Zlatan Ibrahimovic and Brazil defender Thiago Silva from AC Milan to take its spending to more than €200 million ($247 million) since Qatari owners QSI took over in June last year.
The acquisition of Lucas will take that spending to close to €250 million, with Brazilian reports estimating the total cost of the transaction at around €43 million.
PSG begins the new season at home to Lorient on Saturday night.