The Daily Star Sunday says Wenger will be handed the chance to walk away from Arsenal straight into the top job at Paris St-Germain if he fails to win silverware again this season.
Moneybags PSG have got Gunners boss Wenger as their top target.
They want him back home to turn the French club into a European super force with the help of their billionaire backers.
And to sweeten the deal PSG's owners, the Qatar Investment Authority, will give him a £150m transfer war chest next summer.
The super-rich Arab owners spent £75m on players ahead of the new campaign and will happily double that amount if they can secure Champions League football.