Real Madrid are hoping to convince Cristiano Ronaldo to sign a new deal in the coming weeks.
Marca says Real president Florentino Perez has decided to pull out all stops to keep hold of Ronaldo, who has so far refused to consider negotiations over a new deal.
With PSG, Manchester City and former club Manchester United monitoring the situation, Perez is planning to offer a two-year contract extension to Ronaldo's camp.
The new deal would keep Ronaldo at the Santiago Bernabeu until 2017.