Adrien Rabiot has supposedly demanded an increased wage to £80,000 a week.
If he is not given the huge sum, he will depart Paris Saint Germain, as reported by the Daily Star.
Having rejected the proposed contract from PSG, which would have been worth £50,000 a week, Rabiot is now set to leave the French giants in January.
The likes of Arsenal, Chelsea, Juventus, Manchester United and Roma are all thought to be circling around the talented young star, looking for a cut price deal.
PSG are not particularly keen to lose the young star on a free transfer next summer, and could sanction a move in the winter window.
However, they are demanding that any team interested in the player bid £7 million before a move is approved.
Reports in France suggest that the only way the Ligue 1 champions could retain Rabiot is by offering him a deal worth £4 million per annum, but this seems unlikely.
Boss Laurent Blanc now seems resigned to losing him.
Blanc said: “I believe he will leave, but I can’t tell you where.
“Rabiot has received a good [contract] offer from PSG but apparently it doesn’t interest him. It’s a shame.
“I think his entourage is taking advantage of his contractual situation.”