French champions Paris Saint-Germain look set to beat Chelsea in the race for Zenit star Leandro Paredes, according to The Telegraph.
The 24-year-old Argentinean was in Paris on Wednesday ahead of securing the move to PSG.
The news would come as a blow to Chelsea boss Maurizio Sarri who wanted a replacement for Cesc Fabregas, who left Chelsea for Monaco this month.
According to the report, Chelsea agreed a deal in principle to bring Paredes to Stamford Bridge earlier this month but the Blues were not quick enough in the pursuit of Paredes, leaving PSG to swoop in and make their move.
PSG will reportedly pay £35million to bring the Argentinian midfielder to the Parc des Princes in January as replacement for PSG midfielder Adrien Rabiot who looks set to leave the club.
A report on RMC Sport claim the midfielder has already come to an agreement with PSG over his contract and is ready to sign a four-and-a-half year deal with the French club.
Paredes is a player well known to Sarri having played in the Serie A for Roma and also joining Empoli on loan the season after Sarri left the club for Napoli.
The Argentina international, who has nine caps, generally operates as a defensive midfielder but has still chipped in with three goals and two assists in 15 Russian Premier League games this season.