The French club would prefer to sign Neymar or Kylian Mbappe, however, with Barcelona and Monaco refusing to play ball, they are keeping their options open.
The Chile international was linked with a move to the Parc des Princes earlier in the year but little came of the initial speculation.
It’s now suggested that with Bayern Munich ruling themselves out of the race, and Arsenal unwilling to sell to Manchester City, that the striker, who recently underlined his eagerness to play Champions League football, could be tempted by a move to the French capital.
Arsene Wenger has repeatedly said he doesn’t wish to sell his star man this summer but with Sanchez entering the final 12 months of his contract and so far rejecting terms on a two-year, £300,000 a week offer, he could be tempted to cash in.
Neither report mentions a potential fee. Meanwhile, Alexis is still on holiday in his homeland.