The France star reportedly joins the Merseyside club on a five-year contract worth up to £124 million (US$168 million).
Barcola’s fee is the highest ever paid for a Ligue 1 player. It is also the 10th £100 million (US$135 million)-plus transfer in Premier League history and the fourth such deal completed this summer.
The 23-year-old is the third forward costing over £100 million that Liverpool have signed in two years.
Isak arrived at Anfield last year, while Liverpool also paid around £100 million to sign Florian Wirtz from Bayer Leverkusen. Neither player has yet lived up to the hefty price tag, although Isak missed much of last season due to injury.
Barcola, who signed what Liverpool said was a “long-term deal”, had yet to play for PSG this season amid the transfer speculation.
“It’s a great pride to be able to play for Liverpool. I’m very happy,” he told his new club’s website on Monday.
“It took a long time but I’m really happy today to be able to play for Liverpool and all I want is to be on the pitch and be able to play.
“I hope to achieve very big things. First of all, winning the Premier League. It’s one of my biggest dreams in my life. It is to do that and to stay in this team in the long term, that’s why I signed a long contract, and I hope I can do it.”
Barcola, a member of the PSG squad which won back-to-back Champions League titles in the past two seasons, has long been a Liverpool target.
He scored 39 goals in 152 appearances and won three successive Ligue 1 titles during his time in the French capital after joining PSG from domestic rivals Lyon in a £38.6 million (US$52 million) deal in 2023.
Barcola also scored three goals for France during their run to the semi-finals at the recent World Cup. (AFP)
