Carlo Ancelotti bought and coached Verratti at PSG last year and wants his fellow Italian to join him at the Bernabeu.
Reports in Italy suggest that the Parisians may countenance such a deal if Xabi Alonso is thrown their way.
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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.