Paris Saint-Germain offered Lionel Messi "everything money could buy", in a desperate bid to reunite him with Neymar.
Messi is currently a free agent after his Barcelona contract on July 1.
But it is understood that the 34-year-old has agreed a new five-year deal with the LaLiga giants, with the official announcement expected imminently.
The news will come as a blow to Neymar, who has been keen to play alongside Messi again.
Both forwards spent four seasons together at the Camp Nou, where they won the LaLiga title twice and Champions League once.
According to TNT Sports journalist, Marcelo Bechler, PSG tried in vain to bring Messi to Ligue 1.
"PSG was very confident and wanted Messi very much.
"They offered him everything money could buy. Neymar really wanted to play with his idol again.
"Messi wants to stay in the club of his life," Bechler tweeted.
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