Paris Saint-Germain will replace Zlatan Ibrahimovic with former Arsenal striker Robin van Persie, Fotomac has reported.
The Dutchman was one of the most influential players at the Emirates after joining from Feyenoord in the summer of 2004.
He went on to score more than 100 goals for the Gunners before leaving in the summer of 2012 to join Manchester United.
Meanwhile, 34-year-old Ibrahimovic said he will make "a big announcement" on Tuesday afternoon as he is expected to join van Persie's former club after leaving the French giants.
"There will be a big announcement on June 7," he said.
"It will be this summer's big bomb. It feels good, feels better than good. A lot will happen with this news, so hopefully you'll all enjoy."