English publication 'The Mirror' reports that the Parisian outfit have earmarked the Spaniard as Unai Emery's potential successor and are ready to do whatever it takes to lure the former Barcelona boss to the French capital.
Guardiola is out of contract with City next year and whilst he is expected to sign a new deal, until he does so he will remain in PSG's sights.
PSG currently top Ligue 1 but they have much bigger ambitions, with the Champions League and European domination very much on their agenda.
Guardiola is seen as the next step in achieving that goal, a coup that would rank up their with the €222m capture of Neymar form Barcelona last summer.
It seems that PSG are not content with having an outstanding squad, but they also want arguable the best manager on the planet to head that up and according to the aforementioned source, they are ready to make Guardiola and his family an offer they can't refuse.
For now though,Guardiola is focusing his side on the game against Newcastle United on Saturday evening.