Paris Saint-Germain have reportedly pipped Chelsea to the signature of Brazilian talent, Gabriel Moscardo.

This is according to Goal, who claim that the Paris club offered more money for the player.

Chelsea are believed to have made Corinthians a €20m offer for Moscardo, but it was turned down by the club, who have accepted a €25m bid from PSG.

This is surely a blow for the Blues, who have followed Moscardo for a while, and were hoping to complete his signing in January.

The 18-year-old shares the same agent with current Chelsea players, Deivid Washington and Angelo Gabriel, and everything seemed easy on paper until this news came out.