The 20-year-old playmaker has shined for his club in the last two years, and will spend the rest of 2016 back on loan with Rosario Central before moving permanently to PSG.
Paris Saint-Germain has confirmed that it has completed the signing of Giovani Lo Celso from Rosario Central.
The attacking midfielder has signed a five-year contract at his new club, although he will spend the first half of the 2016-17 campaign with the Argentine Primera Division team as part of the agreement.
The deal is believed to be worth around 10 million euro ($11 million), while Central could receive up to a further €4 million in bonuses.