Arsenal will not be completing a move for highly-rated teen Xavi Simons, with the PSV Eindhoven attacker having agreed to return to PSG this summer, the Dutch club have confirmed.
The young Dutch star enjoyed an exceptional season in the Eredivisie, scoring 22 times and grabbing 12 assists in 48 appearances for PSV across domestic and European competitions.
He also made his senior debut for the Netherlands, making his bow against the USA at the Qatar World Cup and starting every game for the Ornaje since, attracting attention from plenty of sides around Europe including Arsenal, Chelsea and Paris Saint Germain.
It is the latter, however, that have won the race for his signature after he left Paris just last summer.
Thanks to a buyback clause that Paris Saint Germain inserted into his move away from the French capital 12 months ago, the French side can pay as little as 6m euros for his services, and reports have now revealed that the Dutchman has agreed personal terms over a return to Paris.
The move comes as a blow to PSV too, who could have netted a massive payday with Simons valued as highly as 40m euros in some quarters.
As per Fabrizio Romano, he is set to stay at the club this season if one of Kylian Mbappe or Neymar leaves this summer, something that would happen in an ideal world for the French club with Mbappe out of contract in 12 months.
Should they not be able to shift either, however, Simons will be sent out on loan so as not to waste a year on the substitutes bench for Luis Enrique’s side.
He becomes the seventh signing for PSG this summer, with more expected to arrive as they look to overhaul a squad that has consistently failed on the European stage.