Comfortably through to the last sixteen of the Champions League and nine points clear at the top of Ligue Un, the Parisians must sell to satisfy UEFA’s Financial Fair Play regulations. The governing body announced an investigation into PSG’s finances following the signing of Neymar Jr, 26, in a world-record £196m transfer and Kylian Mbappe, 18, on a season-long loan deal.
A full Portugal international, Guedes is currently with Valencia until next May. With three goals in his eleven appearances in the league, he is an integral part of the Los Che team which is pursuing Barcelona at the top of La Liga. An instinctive winger, the former Benfica star is seen at Arsenal as a natural replacement for the width of Alexis Sanchez who is heading toward Manchester City.
The Gunners are running the rule over the player now, with new Head of Football Relations, Raul Sanllehi, expected to begin negotiations when he moves to the Emirates on 1st February 2018. PSG were interested in signing Alexis Sanchez, 28, but after their summer transfer blitz, their interest in the Chilean has waned.
Valencia are keen to sign the Portuguese winger but faced with negotiations over Geoffrey Kondogbia as well, their stretched finances may not be able to cope with two major signings next summer.