Lucas Moura had agreed to sign for Manchester United before Paris Saint-Germain made a late bid, according to his agent.
ESPN understands Manchester United are to set clinch the GBP;30 million signing of Brazil's Lucas Moura.
Sao Paulo sports director Adalberto Baptista has denied reports linking Manchester City with a bid for Brazil international Lucas Moura.
Sao Paulo have rejected claims Inter Milan are close to tying up a deal for Brazilian starlet Lucas Moura.
Brazil attacking midfielder Lucas Moura has insisted that he will not make a decision on his future until after the Olympics, following reports linking him with Manchester United.
Sao Paulo vice-president Joao Paulo de Jesus Lopes says he remains hopeful an agreement with Manchester United can still be reached over Brazil starlet Lucas Moura.
The agent of Brazil star Lucas Moura believes that Manchester United will not raise their bid for his client, leaving any deal in tatters.
Manchester United manager Sir Alex Ferguson has confirmed the club's interest in securing a deal for Sao Paulo midfielder Lucas Moura, but denied press reports that a deal had been struck.
Sao Paulo say they have rejected a Manchester United offer for midfielder Lucas Moura.
Reports in Brazil suggest that Manchester United have had a €38 million bid for Sao Paulo youngster Lucas Moura rejected.
Inter Milan president Massimo Moratti has confirmed his club is working towards signing Sao Paulo midfielder Lucas Moura.
Sao Paulo midfielder Lucas Moura is moving closer to a GBP;30 million switch to Manchester United after the Old Trafford club sent a delegation to Brazil to begin talks.
Lucas is a big-money transfer target for Manchester United, according to the attacking midfielder's agent.
Manchester City boss Roberto Mancini has confirmed the club is holding talks with both Santos and Sao Paolo over a potential loan move for Robinho.