PSG are launching a bid for Liverpool fullback Gael Clichy.
La Provence says the Ligue 1 side are ready to table an offer in the region of 15 million for Clichy, who has only one-year remaining on his current contract at the Emirates Stadium.
Should the France international reject the offer of a new deal from the Gunners, then Arsenal may be forced to cash-in on him this summer in order to avoid losing him for nothing in a year's time.
Arsenal, however, are keen to keep Clichy, and Arsene Wenger has revealed talks between the club and the 25-year-old have already commenced.
The Arsenal boss said: "We have started talks with Gael and want him to stay."
Along with PSG, Liverpool are alleged to be closely monitoring the situation of Clichy in north London, as the Reds look to bring a left-back of proven quality to Anfield during the transfer window.