The 23-year-old is out of contract at the end of the season and is unwilling to sign a new deal at Parc des Princes.
AC Milan, Juventus and Barcelona have all been strongly linked with the Frenchman but it is the Catalan giants who have come closest to signing him.
Mario Balotelli will remain with Nice this season, L’Equipe reports.
The 28-year-old has spent two years with Nice but was linked with a move away from the Allianz Riviera this summer, with south-coast rivals Marseille reportedly front-runners for his signature.
Nice alluded to Marseille’s interest in the Italy international when revealing that Balotelli had decided to commit his services to Les Aiglons.
The former Valencia and Getafe forward has played second fiddle to Lionel Messi and Luis Suarez over the course of his two campaigns to date at the Camp Nou, and is seeking a new challenge away from the club.
The 24-year-old, who made 13 appearances for Spain between 2014 and 2016, has been told by boss Ernesto Valverde that he does not feature in his plans for the new season.