The ex-England international’s deal with the MLS side has expired, and Beckham has been linked with a transfer back to Europe in the January transfer window.
With the big-spending Ligue 1 side the frontrunners for Beckham’s signature, reports in France had previously stipulated that a deal to bring the veteran to the Parc des Princes was all but done.
However, sporting director Leonardo has stated that Beckham will not be moving to the French capital.
“It’s over,” Leonardo told L’Equipe.
“It’s a shame. But the welfare of his family in Los Angeles, the wish not to change everything in his life, weighed heavily.”
PSG president Nasser al-Khelaifi also confirmed that a deal was close, but would now not happen.
“We didn’t reach an agreement – he’s a great player, I met him and it’s bad luck we didn’t reach an agreement.
“We weren’t far, but there are family issues and I think that was the reason. It was very difficult to move the family,” he concluded.
By Gareth McKnight