Paris Saint-Germain are understood to have approached Andre Villas-Boas's representatives after making the Tottenham manager their top target to replace Carlo Ancelotti, should the Italian leave for Real Madrid.
Reports from France and Italy last night claimed that the Ligue 1 club are ready to turn to Villas-Boas after being snubbed by Guus Hiddink and Jose Mourinho. Hiddink has decided to stay with Russian club Anzhi Makhachkala while Mourinho returned to Chelsea as manager on Monday.
PSG, who are bankrolled by the Qatari royal family, are so keen to recruit Villas-Boas that they are believed to be ready to offer him a four-year contract worth £10 million a year.
Villas-Boas, when he was in charge of Chelsea, failed to deliver the success that owner Roman Abramovich craved but he has restored the reputation he forged at Porto since taking over at White Hart Lane and Tottenham just missed out last season on a top-four place and qualification to the Champions League.
The Portuguese reportedly has a £10m buy-out clause in his contract but seems unlikely to quit Spurs after just 12 months at the club.
Madrid are looking for a replacement coach since Mourinho left the Bernabéu, after three years in charge, to be reunited with Chelsea, and Ancelotti has already gone on record as saying he would be interested in the position.
PSG have so far refused to let the Italian talk to Madrid as he has a year left on his contract.