Corriere dello Sport says PSG management see Ronaldo - even at 34 - as the player to take them to the next level in the Champions League.
However, any move will depend on PSG selling superstar Neymar.
The Parisians need to clear the Brazilian's €36m salary off their books to make room for the Portuguese. In Turin, Ronaldo is on €31m-a-year.
Ronaldo was named Globe Soccer's 2019 Player of the Year this week and has declared he only has plans of more success with Juve.
He stated: "I am happy with this new trophy and I hope to do great things with Juventus, to be here again next season.
“I dedicate this trophy to Juventus, my teammates and my family.
"I thank those who voted for me."