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Paris Saint-Germain will attempt to see off competition from both Manchester clubs and Real Madrid by offering Ashley Cole a 150,000-a-week three-year deal worth 23million.
The super-rich French club hope to tempt the 31-year-old after Sportsmail revealed the England defender is ready to walk out at the end of the season after failing to agree terms on a new contract.
In demand: Ashley Cole could leave on a free at the end of the season
Chelsea could offload Cole when the transfer window re-opens in January if his understudy Ryan Bertrand, called up to the England squad for this week's World Cup qualifiers against San Marino and Poland, continues his remarkable rise.
Cole is a victim of Chelsea's new policy for players over the age of 30.
If Cole, 31, and Frank Lampard, 34, who is also out of contract next summer, quit Stamford Bridge, it will be confirmation that Roman Abramovich is breaking up his Champions League-winning team.
The Russian told the players they were directly responsible for the sacking of Andre Villas-Boas last March and warned them their futures were on the line before they went on to win the FA Cup and European Cup.
United front: Wayne Ronney and Ashley Cole could be club team-mates next season
Despite their success, Abramovich's threat appears to be real after the club's failure to match the expectations of Cole and Lampard, during talks.
PSG are confident they have the ambition and resources to win Cole's signature. The defender was called 'the best left-back in the world' by manager Carlo Ancelotti earlier this month when asked about the club's interest in his former player.
PSG have a strong English connection on the backroom staff, where Ancelotti has recruited former Stamford Bridge employees Paul Clement, Claude Makelele and Nick Broad.
Big fan: PSG coach Carlo Ancelotti says Cole is 'best left back in the world'
Might make sense if we really are going to go for Falcao!!
- Shaunr19 , Bracknell, 16/10/2012 18:40
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