PSG are ready to break the bank to prise Arsene Wenger away from Arsenal. The Sunday Mirror says current PSG boss Carlo Ancelotti would be interested in a job swap to ­succeed Wenger at the Emirates. PSG's rich Qatari owners are ­prepared to hand Wenger a £10m-a-year, three-year ­contract to take over at the Parc des Princes next season.

The French club last week saw Pep Guardiola agree to ­become Bayern Munich boss, while Real Madrid manager Jose Mourinho ­reiterated his desire to return to England. PSG have not given up on Mourinho, but now see Wenger as their best ­option - even though he has vowed to see out his Arsenal contract that runs to 2014 and has never walked out on a club.

Wenger is already one of ­Europe's highest-paid ­managers on £7m-a-year, but PSG would have no problems giving him a significant ­increase.

PSG tried to hire Wenger ­before appointing Ancelotti in 2011 and the Frenchman knows president Nasser ­al-Khelaifi from his work for the Al Jazeera television ­station.