Argentina international Mauro Icardi has joined French giants Paris Saint-Germain on a season-long loan deal from Italian club Inter Milan on Monday.
The 26-year-old had signed a two-year contract extension at Inter, but PSG have the option to make the move to the French capital permanent for a reported fee of €65 million.
Icardi scored 124 goals in 219 appearances over a six-year spell for Inter.
But he fell out favour with new head coach Antonio Conte and found increased competition for a starting place upfront for Inter, following the arrival of Belgian striker Romelu Lukaku from Manchester United in August.
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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.
Paris Saint-Germain face a striking crisis with Kylian Mbappe ruled out for four weeks and Edinson Cavani for three weeks after both came off injured in Sunday’s 4-0 thrashing of Toulouse.
France’s World Cup 2018-winning superstar Mbappe hurt his left hamstring doing a trademark sprint at Parc des Princes.
The issue means he will be absent for their opening Champions League group game, which is set for September 17 or 18. The 20-year-old will also be unavailable to Les Bleus for Euro 2020 qualifiers against Albania and Andorra early next month.
Fellow attacker Cavani hurt his hip in the same match and the Ligue 1 holders confirmed the Uruguay international will be out for three weeks, meaning he could be ready for European action.
The problems come at the same time as uncertainty surrounds the future of Brazil forward Neymar.
The Brazilian has sat out the opening three Ligue 1 fixtures because of his desire to return to La Liga. But there is only a week left before the European transfer window closes, meaning former club Barcelona and Real Madrid must move fast.
Even if the 27-year-old remains in Paris, he’s banned for their first three UCL fixtures.