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PSG announce deal for Chelsea defender Luiz

PSG have confirmed the signing of Chelsea defender David Luiz.

The Brazil international is understood to be moving to PSG for £50 million.

A statement on the Ligue 1 winners' official website read: "Paris St Germain FC, Chelsea and David Luiz would like to confirm that they have reached an agreement on the conditions for a future transfer of the Brazilian international defender that would occur when the next transfer market opens on June 10, 2014.

"To satisfy the desire of the player to prepare and play in the best possible conditions the World Cup in his country, the willingness of both clubs and David Luiz was to achieve a fast agreement, one between Paris St Germain and Chelsea FC and the other between the Paris club and the player to formalize the transfer from the opening of the transfer window."

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