Chelsea left back Ashley Cole has been offered a handsome contract at both PSG and Real Madrid and must now make a decision between the pair according to the Daily Mirror.

The Blues defender is out of contract at the end of this season and is yet to be offered a basic extension with the West London club who are looking to get rid of their ageing stars such as Frank Lampard, John Terry and Cole

The England wing back is now able to talk to foreign clubs in January and is even able to sign a pre contract with the likes of PSG and Madrid ahead of a summer move.

It is unlikely that the Chelsea old boy will announce a decision in the near future but after being told he is no longer wanted at Stamford Bridge a January move is also a real possibility for the 32 year old.

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