According to AS, PSG have informed striker Alvaro Morata that they are willing to double his current wage at Juventus.
Real Madrid plan to buy the player back by exercising a €30m clause in their agreement with La Vielle Dame.
RMCF will then look to sell the player on to the highest bidder. Arsenal have also fed the Morata camp a similar line to PSG concerning wages, according to the report.
The player is understood to prefer a move to the Premier League.
Manchester City, Chelsea and Borussia Dortmund are all monitoring the situation closely.
The player’s agent was understood to be in Madrid today to get a definitive position from Real Madrid on their approach to the player’s summer transfer window.