Al-Hilal have offered Kylian Mbappe a £173.2 million-per-year (€200m) deal to join the club.
The 24-year-old looks set to leave the Ligue 1 champions and has been left out of their pre-season tour of Japan and South Korea.
Mbappe is refusing to sign a contract extension with PSG, with his current deal set to expire in June 2024.
However, PSG’s owners have given him an ultimatum to either sign or be sold and will be willing to accept less than the £155 million they paid to sign him from Monaco in 2017.
And, according to Italian journalist Tancredi Palmeri, Al-Hilal have made a mega-money offer to sign him.
Palmeri claims the Saudi Arabian club has offered Mbappe €200 million (£173.2m) per-year on a two-year deal, which could include a release clause after the first year solely reserved to Real Madrid.
They would pay a €200 million (£173.2m) transfer fee to PSG as well, which would likely satisfy the Parisians’ demands to let him go.