Carlo Ancelotti has verbally agreed to take charge of Real Madrid next season, according to reports in France.
The former Chelsea boss is under pressure at PSG despite the club being top of the French league and in a strong position to reach the last eight of the Champions League.
And Le Parisien say he has verbally agreed to head to the Bernabeu next season, where he would replace Jose Mourinho - one of his predecessors at Chelsea.
That could lead to a job-swap between the two men, with Mourinho widely expected to leave Real at the end of the season whether Ancelotti is his replacement or not.
Mourinho has said that England is likely to be his next destination but many reports claim that PSG could tempt him to France, where he would have the financial backing to make another assault on the Champions League.