PSG and Juventus near €60m agreement as Randal Kolo Muani closes in on long-awaited return to Serie A side

Juve are edging closer to sealing Kolo Muani’s long-term return from PSG in a deal worth around €60 million (£51m/$65m). After months of negotiations, the two clubs appear to have reached common ground on a deal that will see the French striker initially return on loan with an obligation to buy. Kolo Muani, who scored 10 goals and provided three assists in 22 games during his short loan spell in Turin last season, has already expressed his desire to continue with the Bianconeri. PSG, meanwhile, are keen to cash in on a player who never truly settled in Paris under Luis Enrique.

This deal would represent one of Juventus’s key transfer outlays in recent years, underlining their intent to rebuild a sharper, more mobile attack. The club have long sought a striker who can stretch defences and bring versatility up front, qualities that Kolo Muani demonstrated during his first stint in Serie A.

For PSG, this is another clear step in their summer strategy by offloading high-wage players who don’t fit Luis Enrique’s system, while balancing the books after years of heavy spending. The move also reaffirms how Serie A’s elite are willing to invest heavily again, despite broader financial caution across Italian football.

The structure of the deal has been a sticking point for weeks, where PSG initially raised their asking price to €70 million (£59m/$76m), which Juventus were unwilling to pay outright. The compromise now looks set at a €5m paid loan followed by a €55m (£46m/$59m) mandatory purchase clause, spreading the cost across seasons. For Juventus, this comes with financial strain as Kolo Muani is expected to earn around €8m net per year.

If the deal is finalised, Juve will not only secure a striker tailor-made for their new project but also set off a domino effect in the market. For PSG, this agreement could help finance their ongoing squad overhaul and allow Enrique to continue building a younger, more balanced squad. All eyes now turn to whether Juve can wrap up the final details before rivals swoop in or PSG change course. Juve is set to play against Genoa on Saturday.