PSG prepare £27m bid for Liverpool target Alcantara

French champions Paris Saint-Germain are preparing to bid £27 million for Bayern Munich midfielder and Liverpool target Thiago Alcantara, according to Le10sport.

The fee is believed to be Bayern's asking price for the 29-year-old, while Thiago is keen to try his hand somewhere new after seven successful years in the Bavarian metropolis.

Thiago has been heavily linked with Jurgen Klopp's side for some time as the Reds look to strengthen their midfield, but PSG's offer could see Les Parisiens get the upper hand in the chase for the seven-time Bundesliga champion.

Liverpool may have cooled their interest due to the emergence of Curtis Jones and the improvement of Naby Keita. Thiago has one year left on his contract, and PSG appear happier to pay a premium in an effort to rebuild their side.