Real Madrid last week turned down a sensational £85m Paris Saint-Germain bid for their star Cristiano Ronaldo.
The report was the lead story in Spanish newspaper AS which has Ronaldo arriving in China for the latest leg of Real's pre-season tour.
AS quoted various Arab media outlets with sources close to Paris Saint-Germain wealthy Qatari owners.
Real Madrid as expected are not ready to sell their star man for any price.
Ronaldo and his fellow Real Madrid teammates have arrived in Guangzhou, China for the second leg of their pre-season International Champions Cup tour.
Real Madrid will play against Inter Milan and AC Milan before heading back to Europe to take part in the Audi Cup in Munich.
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