The talented left back is ready to put pen-to-paper on a four-year deal, as PSG begin a close-season of transfer activity.
Armand's arrival at Parc des Princes would likely quicken the departure of Gabriel Heinze - who is a summer target for both Valencia and Manchester United.
The gifted Argentinian is to leave the capital club in the summer, with PSG's hierarchy having warned Sir Alex Ferguson to act quickly in agreeing a fee for the talented defender or risk losing out altogether.
