Palermo president Maurizio Zamparini claims sought-after midfielder Javier Pastore has joined Paris St Germain, ending Chelsea's pursuit of the Argentinian.
Chelsea were thought to be chasing the talented youngster's signature but it appears they have been beaten to the punch by the Ligue 1 outfit.
The swoop is yet to be officially confirmed by the two sides, while Palermo sources had earlier said that the Argentina international's agent was still negotiating with the Blues over a move.
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