The striker is on his way back to South America after Frank Arnesen's announcement that a deal has been agreed between the clubsHamburg sporting director Frank Arnesen has confirmed Paolo Guerrero's departure from the Bundesliga side to Copa Libertadores winners Corinthians.
The Peru international has already departed for Brazil where he will undergo a medical prior to putting pen to paper on a contract.
"The clubs have already agreed on the transfer," Arnesen told Hamburg's official website.
"It will be a great opportunity for Paolo to play for Corinthians. We wish him much luck and success in his endeavours."
The 28-year-old scored six goals in 23 appearances for the German club last season.