The forward was one of the stars of the Ligue 1 season last term, having notched 27 goals in 33 outings for OL.
Les Gones ran PSG close, but were ultimately unable to unseat the capital club, who lifted the Ligue 1 crown.
Despite their failure, Lacazette emerged from the campaign with credit, and has been targeted by various Premier League giants.
However, having had their financial fair-play sanctions lifted, Laurent Blanc’s PSG are back on the market, and are understood to be considering a move for their rivals’ star man.
According to France Football [via Le 10 Sport], France international Lacazette is in the plans of the Parisians, with the source revealing that PSG could be preparing a bid of almost €50 million to sign the 24-year-old.
Man United star eyeing Old Trafford future despite intense transfer-exit speculation
Man Utd set to battle Liverpool for £32.5m Belgian striker
Man City and Man Utd set for head-to-head transfer battle over £35m Argentine defender
Paris are also expected to close a deal to sign Angel Di Maria imminently, with the Manchester United wideman being considered as part of a potential swap deal to take Edinson Cavani to Old Trafford [ESPN].
With Cavani possibly leaving the club, and Ezequiel Lavezzi also linked to the exit door [Goal], Laczette may prove to be a valuable addition for PSG, and could play a key role as the capital club look to retain their French title and make in roads into the Champions League next term.