Highly-rated: Lucas Moura
Sportsmail exclusively revealed the French club’s interest in the 19-year-old last week and United’s fears seem to have been realised after the player’s representatives indicated they were ready to agree terms with Carlo Ancelotti’s club.
The move was attacked by Inter Milan, who had also been keen on the player.
Inter president Massimo Moratti claimed that Sao Paulo had agreed a deal with PSG for £35million - £5m more than the Brazilian club were poised to accept from United.
Moratti said: ‘We would never have gone up to that sum. In any case, there are no regrets that we didn’t finish off the move, as the cost was already pretty high a few days ago.’
Moura, who already has 15 caps for Brazil's senior side, is currently in England competing in the Olympic football tournament.
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