The Monaco sensation has been the subject of transfer talk this summer with the likes of Real Madrid, Barcelona and Manchester City all chasing him.
But the 18-year-old looks set to stay in France and will upset Monaco fans by joining rivals PSG.
Spanish publication Sport claim Mbappe is set to sign for the Parc des Princes outfit and will put pen to paper on a five-year deal.
PSG will pay €180million (£135m) up front for the forward with the deal expected to include around €30m (£27.2m) in bonuses.
Sport say Mbappe will be presented as their latest signing on Monday.
Monaco have been desperate to keep hold of their star man after he fired them to their first Ligue 1 title in 17 years.
But with PSG not afraid to splash the cash this summer they look to have successfully prised Mbappe away from Monaco.
PSG have already smashed the transfer world record for a player this month with the £200m arrival of Neymar from Barcelona.
And the club will now make Mbappe the second biggest move in history when he completes his move in the coming days.
