The Italian midfielder had been linked with moves to Manchester United and Napoli.
Marco Verratti has signed a contract extension with Paris St Germain, meaning the midfielder is under contract with the French Champions until 2018, Goal.com reports.
The Italian is thought to be one of the best young midfielders in Europe and played a crucial role in helping Paris St Germain win their first Ligue 1 title since 1994.
Following his excellent performances, Verratti had been the subject of interest from Napoli, with the Italian club submitting a huge offer to PSG using the money they gained from the sale of Edinson Cavani.
Manchester United were also thought to be monitoring the young midfielder but Verratti’s future has now been resolved with the players agent announcing the news of the midfielders contract extension on Twitter.
“The deal is reached with PSG,” wrote Donato Di Campli.
“Marco Verratti will remain until 2018. The contract signing will occur after his return from the game in Gabon.”
Verratti signed for PSG last summer, moving from Italian club Pescara.
The midfielder went on to make 39 appearances for the French Champions over the course of last season and will now look forward to helping the club defend their Ligue 1 title whilst also trying to reach the latter stages of the Champions League.