Navas, who signed for Real from Levante in 2014 and was the starter as Los Blancos won three consecutive Champions League titles, lost his place to Thibaut Courtois following his arrival from Chelsea last summer, even though the Belgian is yet to fully convince at the Bernebeu.
Navas, 32, was on the bench for Real in their 2-2 draw with Villarreal at the Estadio de la Ceramica on Sunday night, but said goodbye to his team-mates after the game according to a number of reports in Spain.
Navas, as quoted by the Evening Standard, said: “I’m really excited to sign for Paris Saint-Germain. After my experience in Spain, I’m coming to France with high hopes.
“Paris Saint-Germain is a very prestigious club in Latin America and I am keen to be part of the adventure that started several years ago.
“I will do everything I can to help PSG win new titles, bringing all my experience and professionalism.
“And I will also try to win the hearts of the Parisian fans, famous throughout Europe for their passion.”
It is understood PSG will pay around €15million for Navas, with Alphonse Areola moving to Madrid on loan for the 2019/20 season.
Navas leaves the Bernabeu after five seasons and 162 appearances under his belt, adding one La Liga title and one Spanish Super Cup to his three Champions League titles won.
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