PSG sign Euro 2020 star Donnarumma on free transfer

Mike Hewitt / Getty Images Sport / Getty

Italian 'keeper Gianluigi Donnarumma penned a five-year deal with Paris Saint-Germain on Wednesday, completing a free transfer from AC Milan.

The 22-year-old will reportedly pocket €12 million a season after tax in the French capital, twice what he made at Milan, according to The Athletic's James Horncastle.

The 30-time capped international was also reportedly linked with Juventus and Barcelona.

Donnarumma won Euro 2020 with the Italian national team on Sunday, saving two penalties in the final to deliver a 3-2 shootout win over England. He was also named the tournament's best player.

PSG boss Mauricio Pochettino is now blessed with a wealth of options between the posts after last season's first-choice shot-stopper, Keylor Navas, extended his terms through 2024. The Ligue 1 giants also have Sergio Rico and Alphonse Areola on their books.

Donnarumma is replaced at the San Siro by France international Mike Maignan, who moved to Italy from Lille for a reported €15-million fee at the end of May. Maignan guided Lille to a shock Ligue 1 title last term, ending PSG's run of seven successive league conquests.

Donnarumma featured over 200 times for the Rossoneri and backstopped them to second place in Serie A last season.

PSG also completed the signings of former Real Madrid icon Sergio Ramos and Inter Milan full-back Achraf Hakimi earlier in the offseason.

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PSG sign Euro 2020 star Donnarumma on free transfer
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