Xavi Simons has turned down a new contract with Paris Saint-Germain, with confirmation on Tuesday he will leave for PSV on a permanent basis until 2027.
Simons, who made 11 senior appearances for PSG since signing in 2019, was reportedly set to leave on a loan with the intent to develop and find an opportunity for regular first-team minutes.
That reported loan deal had PSV as the eventual destination upon renewing with the Ligue 1 champions but, after spending his youth career at Barcelona and PSG, the talented 19-year-old will return to the Netherlands on a free transfer.
The Eredivisie club confirmed Simons had the opportunity to extend with PSG but chose to work under new boss Ruud van Nistelrooy instead.
"He was able to extend in France, but the youth international prefers PSV to the French champion, for whom he played nine games last season," a club statement said.
"We have seen almost all the matches this season where he appeared at the kick-off," PSV director of football John de Jong added. "Besides all the international matches he played for the Oranje squad, we saw him live in the Youth League in Leipzig, Paris, Bruges, Manchester and against Sevilla.
"In this he convinced us. Xavi has everything to grow into an important player for PSV. He would like to walk the path there with us."
Simons is the latest in a long line of youth products to leave PSG instead of establishing themselves in the first team, joining the likes of Kingsley Coman, Christopher Nkunku and Moussa Diaby, along with less successful stories in Adil Aouchiche and Jean-Kevin Augustin.
"After three wonderful years at the club, it’s time to say goodbye," Simons posted on Twitter. "I am very grateful to the coaches, the staff, my team-mates, and all the staff.
"PSG will always be in my heart. For the fans: from the bottom of my heart, Thank you. I love you!"