The French treble winners have reached an agreement with the German side for the transfer of the attacking midfielder during the upcoming January transfer window
PSG have reached an agreement with Wolfsburg for the transfer of Julian Draxler.
Draxler, 23, moved to Wolfsburg in the summer of 2015 from Schalke, signing a five-year contract.
PSG, who are struggling domestically this season under new manager Unai Emery, have now agreed a deal worth a potential €45 million for the Germany international to move to Parc des Princes.
The Bundesliga side will receive an initial €35m, with the possibility of an extra €10m in bonuses.
Premier League side Arsenal have been linked with Draxler but he will now move to Paris in January, where he will sign a contract for between three and four years.
PSG are also keen to try and sign Draxler’s team-mate Ricardo Rodriguez, who they see as a long-term replacement for Maxwell and competition for Layvin Kurzawa.
However, any deal would see Rodriguez first loaned back to Wolfsburg for the final six months of the season.