PSG president Nasser Al-Khelaifi has confirmed an approach from Real Madrid for Carlo Ancelotti.
Ancelotti is wanted as a replacement for Jose Mourinho at Real.
"The general manager of Real Madrid [Jose Angel Sanchez] contacted me a few days ago," he told L'Equipe.
"But I made it clear that Carlo still had a year left to go on his deal, and we want that to be respected."
"Of course, we are not the size of Real Madrid, but that does not mean we do not deserve respect."
"Everyone here loves Ancelotti, and I am very optimistic that he will stay."
"If he went, it would be a problem for us."