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PSG are 7/4 favourites in the race for exit-bound Mesut Ozil.
The German ace sat out of Sunday's 4-2 victory over Tottenham and has reportedly been asked by Unai Emery to fight for his Arsenal career, but the odds suggest he could soon be on his way out of the Emirates.
Ozil made the move from Real Madrid to Arsenal in 2013 and captained the side in October this year in their win against Leicester.
The 30-year-old has made 10 appearances for the Gunners so far this season, scoring three and assisting once.
PSG lead the race for his signature at 7/4 ahead of a potential reunion with Cristiano Ronaldo at Juventus (9/4), while 4/1 says he stays in the Premier League and joins Chelsea.
Mesut Ozil has recently been linked with a move to Man United and is 6/1 to join the Red Devils.
Alex Apati of Ladbrokes said: "The Gunners look as though they're preparing for life after Ozil and the betting suggests PSG are the most likely side to make a move."
Mesut Ozil Next Club
PSG - 7/4
Juventus - 9/4
Bayern - 5/2
Chelsea - 4/1
Man United - 6/1