Paris Saint-Germain will offer Arsene Wenger one last chance to join the Ligue 1 club next summer, reports the Daily Mirror.
The Parisian outfit were linked with a move to take Wenger away from Arsenal in the summer but failed to convince him to leave the Emirates.
They eventually opted to sign Wenger's compatriot Laurent Blanc, who signed a two-year deal in June.
With the Frenchman's contract set to expire next summer, The Sun on Sunday reported that PSG will make a last ditch attempt lure him to the Parc de Princes next summer.
Wenger has come under fire at Arsenal in recent times as eight trophyless years have left fans impatient and demanding change.
However, a good start to the season sees them sit top of the Premier League table and, coupled with the star signing on Mesut Ozil, most fans are once again happy to see Wenger extend his stay at the Gunners.
Arsenal are thought to be ready to offer Wenger an £8m-a-year deal to keep the 63-year-old in north London, but talks won't open for the next few months.
Stan Kroenke, Arsenal's majority shareholder, has stated his desire to keep Wenger at the club beyond his current contract.
Speaking to the Daily Mirror last month he said: “He knows how we feel, what our philosophy is, what we want to do and I feel like we are totally aligned. I think he wants to do it the exact same way as we do.
“I don’t want to say something about Arsene that is not the way he feels but, to me, he seems to love what he does. But that’s Arsene’s decision."