Blaise Matuidi is set to sign a four-and-a-half year deal with Paris Saint-Germain, dealing a blow to a number of interested clubs, reports L'Equipe.
The energetic midfielder put in a terrific performance in PSG's 4-0 win over Bayer Leverkusen, scoring a crucial goal in the process. The Parisians are all but set to go in to the last eight of the Champions League and that has convinced Matuidi to stay.
After months of speculation regarding his future, the respected French newspaper has reported that a long-term deal is all but agreed for Matuidi, who looked set to leave Parc des Princes in the summer.
January was filled with plenty of speculation regarding the player's future, whose current contract expires in the summer.
Both Chelsea and Manchester City were linked with a move for the player with Manuel Pellegrini and Jose Mourinho looking to add energy to their respective midfields.
The Premier League title looks to be between both Chelsea and the Citizens and the battle for Matuidi could have swayed it either way. After missing out on his signature in January, it was thought that both Mourinho and Pellegrini would retain their interest for the summer.
News of Matuidi's new contract will be a blow for Arsenal as well, after the Gunners were linked with a late move for the midfielder in January.
Arsene Wenger wanted to add reinforcements in midfield but was forced to sign the injured Kim Kallstrom on loan after failing to move for Matuidi.