Real Madrid coach Carlo Ancelotti is ready to sell Karim Benzema this summer.
Sportmediaset says Ancelotti is happy for the Frenchman to be sold and replaced with a younger prospect.
PSG have been linked with Benzema, but a move to England is being mooted for the 27 year-old.
Arsenal and Liverpool are monitoring developments and ready to pounce, with Real seeking £32 million to sell.
Gunners boss Arsene Wenger would welcome the chance to work with his countryman next season.