The 28-year-old's move from Serie A to the Champions League holders is expected to be 97.5 million pounds ($135.26 million).
News of all that transpired on and off the football field...
Gerard Moreno -- who scored against Manchester United before the Europa League final in Gdansk went to penalties -- rescued Unai Emery's side in the 73rd with a side-foot finish after a back-heel from Boulaye Dia.
Between trying to compose himself, wiping away tears and facing a long standing ovation, it took Lionel Messi more than a minute to start his farewell news conference on Sunday at FC Barcelona, where the Argentine has spent all of his playing career.
PSG make winning start as Messi arrival looms
World champions the United States were dealt a 3-0 drubbing by Sweden to end a 30-month unbeaten run, and the Netherlands put 10 goals past a hapless Zambia on a day of drama as the Olympics women's soccer tournament kicked off.
UEFA announces UCL final hosts for next four seasons.
Laxmi Negi/Rediff.com picks the very best players from what has been an outstanding tournament.
When England bundled out Denmark from the Euro 2020 Championship on Wednesday, these four players from the Three Lions scripted history.
Denmark have rediscovered their hunger and are starting to believe they can secure the trophy they won in spectacular fashion in 1992.
England's Chilwell, Mount in isolation after contact with Gilmour
Save Women's Sport Australasia, a group opposed to transgender women competing in women's sports, said Hubbard's selection was allowed by "flawed policy from the IOC".
Victory for Gareth Southgate's England side in the eagerly-awaited Group D clash at a rain-swept Wembley stadium would have sealed a place in the last 16 but they produced a nervous performance against the Scots, who kept their own hopes alive.
Morata to stay on loan at Juventus for another season
Chelsea, who won the Champions League last season, begin their season at home to Crystal Palace before trips to Arsenal and Liverpool.
It was N'Golo Kante, who at the age of 30 appears to be elevating his games to new levels, who knitted the French team together during their Group F match against Germany on Tuesday.
Kevin de Bruyne will miss Belgium's first European Championship match against Russia on Saturday, the Belgian team confirmed.
The youngest at Euro 2020 will be Poland's Kacper Kozowski - one of two 17-year-olds in the tournament, which has never happened before.
The Euro 2020 Championship is being held across Europe for the first time in the competition's 60-year history, with 11 host cities in total.
Germany are not used to being outsiders in major tournaments but that may not necessarily be a bad thing when the three-time European champions kick off their Euro 2020 campaign.
Blessed with silky technical skills, vision, anticipation and an eye for goal, Phil Foden offers coach Gareth Southgate several options, either wide in a three-pronged attack, a more orthodox central midfield role or even as a "false nine".
Spain are still favourites to finish top of Group E above Sweden, Poland and Slovakia but, after struggling to break down conservative sides such as Georgia and Greece in March, they know coming first will not be a procession.
Belgium begin their campaign in St Petersburg against Russia on June 12
England head into Euro 2020 with a new factor for manager Gareth Southgate to deal with -- high expectations.
Thomas Tuchel arrived at Stamford Bridge in January on an initial 18-month deal with the possibility of an extension, which was granted six days after he led Chelsea to Champions League glory.
Ancelotti replaces Zinedine Zidane, who left Real last month.
Packed soccer schedule is a major problem as players will struggle to deliver their best
Aguero is expected to be the first of a number of arrivals at the Camp Nou this summer
In the days leading up to final between Chelsea and Manchester City, big crowds of English fans, who were largely maskless and did not socially distance, took over Porto's streets
Kevin De Bruyne had to be replaced by Gabriel Jesus in the 60th minute on Saturday following a collision with Antonio Rudiger.
It was City's first appearance in the final of Europe's elite club competition but they ultimately came up short
Some 16,500 fans were allowed into the stadium but many others travelled to the Portuguese city of Porto to support their teams from the sidelines.
Chelsea won their second Champions League title and denied Pep Guardiola's Manchester City their first with Kai Havertz grabbing a first-half goal to secure a 1-0 win in Saturday's all-English final at the Estadio Do Dragao in Porto.
Juventus rehire Allegri.
Some Porto residents fear a spike in infections because of the highly contagious coronavirus variant spreading in parts of England after first being identified in India.
Guardiola finally has chance to do justice on European stage: Sandhu
The former Borussia Dortmund player was substituted as a precaution early in the second half of the 3-2 defeat at Brighton & Hove Albion in the Premier League on May 18.
Manchester City face Chelsea in the Champions League final on Saturday. Here are five key tactical battles to watch out for:
Zinedine Zidane has stepped down as Real Madrid coach with immediate effect five days after his team were pipped to the La Liga title by city rivals Atletico Madrid, the Spanish club said on Thursday.
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