Eriksen was one of Spurs' star performers last season with 14 goals and 10 assists, but he is yet to agree a new contract with the club despite being offered fresh terms earlier this summer.
The Denmark international's hesitance has reportedly alerted a number of Europe's top clubs, with PSG understood to be at the front of the line of potential suitors.
The Express reports that the Ligue 1 champions are lining up a nine-figure bid for the attacking midfielder, and would be willing to sell Angel Di Maria and Julian Draxler in order to fund the move.
Real Madrid are also thought to be monitoring his situation and could make a move if Luka Modric completes his proposed switch to Inter Milan.
However, Spurs are determined not to sell Eriksen before the European deadline on August 31, having been the only Premier League team not to bring in any new faces before the English transfer window closed last week.
Manager Mauricio Pochettino has told Daniel Levy that the club cannot afford to lose the Dane as they would not be able to sign a replacement until January.
Eriksen, who has two years remaining on his contract, has scored 56 goals in 226 appearances for Tottenham.