The Germany international has 14 months left on his Arsenal deal and is yet to reach an agreement on a renewal.
The 28-year-old is understood to be demanding wages which put him in line with the Premier League's top earners on any new contract.
Talks on a new deal have now been postponed until the end of the season.
Julian Draxler wants Arsenal star Mesut Ozil to join him at PSG
And his international team-mate Draxler has revealed he would love for Ozil to join him at PSG.
"Yeah, I would like to see my friend here, Mesut Ozil, because his Arsenal contract is nearly over," Draxler told French outlet SFR Sport.
"I think he has one more year.
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Mesut Ozil's futrue at Arsenal is in doubt
“I think he is a great player and I enjoy playing with him in the national team and I would love to play with him at PSG.
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"Yeah, we speak in a way like friends are talking and I say to him 'come to PSG.'
“He is laughing and he said to me last summer 'come to Arsenal.' It is just like this.
"I do not know what he is planning, what his plans are but as I said, I would love to see him here because he is a great player and an even greater guy."