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RIO DE JANEIRO, Aug. 7 (Xinhua) -- Bordeaux have reached a financial agreement to sign Brazilian midfielder Otavio from Atletico Paranaense, the French club said on Monday.
In a statement on their official Twitter account, Bordeaux said the transfer remained subject to paperwork and a medical examination.
Local media reported that the Ligue 1 outfit agreed to pay eight million euros to sign the 23-year-old on a four-year contract.
Otavio made 172 first-team appearances for Atletico Paranaense after being promoted from the Brazilian club's youth academy in 2013.
Bordeaux began their 2017-18 league campaign with a 2-2 draw at Angers on Sunday.
