The Argentina international has fallen out of favour at San Siro following the appointment of Antonio Conte earlier this summer.
Icardi is reportedly set to sue the Serie A side for £1.4m after being excluded from some of Conte's first-team training sessions.
It was previously reported that the centre-forward was only interested in a move to Juventus (opens in new tab), but he now appears set to join the Ligue 1 champions.
PSG will bring Icardi to the Parc des Princes on a season-long loan, but the former Sampdoria striker will sign a new Inter deal before departing.
The Nerazzurri are keen for Icardi to extend his contract in order to protect his valuation ahead of a permanent sale next summer.
Why I hate VAR (and always will) (opens in new tab)
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Greg Lea is a freelance football journalist who's filled in wherever FourFourTwo needs him since 2014. He became a Crystal Palace fan after watching a 1-0 loss to Port Vale in 1998, and once got on the scoresheet in a primary school game against Wilfried Zaha's Whitehorse Manor (an own goal in an 8-0 defeat).
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