Paris Saint Germain Confirm Signing of Chelsea Defender David Luiz in £50m Deal

David Luiz has completed his transfer from Chelsea to Paris Saint Germain, the Ligue 1club have confirmed.

The Brazil international has signed a five year contract with the French champions in a deal that may rise to £50m and will join up with his new club following the World Cup.

A statement on PSG's website read: "Paris Saint-Germain are pleased to announce that for a period of five years Brazilian international David Luiz has moved from Chelsea FC. He will join the group after the World Cup."

The deal taking Luiz to the French capital will eclipse the current world record fee for a defender set by Thiago Silva, his Brazil and future club teammate who joined PSG from Milan for £38m in 2012.

Luiz, who arrived from Benfica for a fee of £23.5m in January 2011, failed to impose himself on the Blues first team under Jose Mourinho where he was frequently deployed as a backup option in both defence and midfield.

Despite his struggles for games, both Bayern Munich and Barcelona were credited with interest in the 27-year-old but PSG's financial strength has seen them clinch a deal.

The Guardian suggest Chelsea will receive a fee of £40m up front following by add ons worth an additional£10m over the course of his five year deal.