The Italian is coaching Russia but according to Sky Sport Italia the Parisians will take up an option to hire him for one season.
PSG are looking to replace another Italian, Carlo Ancelotti, who is set to move to Real Madrid.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.