The midfielder had been linked with a move to Chelsea but PSG have managed to seal a deal for Paredes, 24.
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The French club is close to a deal with the Zenit Saint Petersburg star, while also keeping tabs on Napoli's Allan and Bayern's Renato Sanches.
Zenit St Petersburg forward Kokorin and Krasnodar midfielder Mamaev could face jail over the attacks, which were captured on CCTV on Oct. 8.
A Moscow court ordered the arrest of Russia internationals Alexander Kokorin and Pavel Mamayev late on Thursday.
The attacks, allegedly perpetrated by Zenit St Petersburg forward Kokorin and Krasnodar midfielder Mamaev on Monday, were captured on CCTV.
Zenit Saint Petersburg have strongly condemned Aleksandr Kokorin following an alleged attack on a government official in a Moscow cafe.
Zenit St. Petersburg signed Italy midfielder Claudio Marchisio on a free transfer on Monday after he was released by Juventus.
Javier Ribalta, who joined Manchester United as their chief scout 13 months ago, has left to become the sporting director at Zenit St. Petersburg.
Manchester United scouting manager Javier Ribalta is set to leave the club after just 12 months, sources have told ESPN FC.
UEFA has ordered Zenit St Petersburg to play their next European game behind closed doors in another racism sanction.
Zenit St. Petersburg has named Sergei Semak as its new coach after Roberto Mancini left to take charge of Italy.
Russia are approaching the World Cup in the wake of some shambolic preparations. There are, however, four players that will give the hosts hope.
Roberto Mancini is the new coach of the Italy national team, the Italian Football Federation announced on Monday.
Roberto Mancini is to leave Zenit St Petersburg after the two parties mutually agreed to terminate the Italian coach's contract.
For the third season in a row the richest club in Russia, Zenit St Petersburg, won't take part in the Champions League. Here is why.
Roberto Mancini is willing to be the next coach of Italy and will enter into contract negotiations later this month.
Former Manchester City and Inter Milan manager Roberto Mancini has become the top candidate to become Italy coach, according to reports in Italy.
Spartak Moscow and Zenit St. Petersburg have both been fined for racist chants by their fans, the latest such incident Russia.
Argentina international Paredes, who joined Zenit from Roma last summer, has been linked with Real and Juventus in recent weeks.
UEFA has charged Russian club Zenit St. Petersburg with fan racism in a Europa League game.
Alexander Kokorin is likely to become the third player from Russia's national team to miss the World Cup in his home country through injury.
Russian clubs have traditionally struggled in Europe. Not this season, as three still stand in the round of 16 of the Europa League.
Andre Villas-Boas believes he was close to signing Javier "Chicharito" Hernandez while he was at Tottenham Hotspur and again at Zenit St. Petersburg.
Celtic crashed out of the Europa League in calamitous style with a 3-0 defeat to Zenit St Petersburg in Russia.
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