PSG are preparing a stunning offer for Real Madrid midfielder Kaka.

With his former AC Milan coach Carlo Ancelotti about to take charge, Kaka will be the subject of a major cash offer from PSG in the coming days.

Le Parisien says PSG plan to offer €40 million for the midfielder, which could be enough to persuade Real to sell the fallen star.

Kaka is currently on his winter break at home in Brazil, but is being kept up to speed on developments by his representatives.