Dortmund want this closed before Christmas. According to Sport Bild, reported by Get Football News Germany, the club intends to open formal extension talks with its 28-year-old goalkeeper in the coming weeks, hoping to tie him down well beyond a current deal that expires on 30 June 2028.

The timing is not accidental. Bulinews, also citing Sport Bild, reports that Paris Saint-Germain have “repeatedly made enquiries” about Kobel’s availability in recent weeks. The French champions are not at the stage of a formal bid, but the persistent interest has been enough to focus minds at Signal Iduna Park.

Niko Kovač’s side is determined not to lose a goalkeeper who has become Switzerland’s undisputed No. 1 since Yann Sommer’s international retirement, and whom the club has rated as one of its most important players.

Kobel himself has already said the right things publicly.

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“I’m absolutely delighted at BVB; I really enjoy playing for this club and in front of these fans. Of course, I can certainly see myself playing here for a long time to come,” he told Sport Bild in an interview published in October.

Chevalier’s demotion has opened the door

The urgency on the Paris side traces back to the goalkeeper spot Luis Enrique has yet to settle. Lucas Chevalier, signed from Lille in the summer of 2025 as the successor to Gianluigi Donnarumma, lost his place to Matvey Safonov in the second half of last season after a run of displays judged below the level required. At 25, Chevalier is not willing to accept a backup role indefinitely, and reporting from parisfans.fr notes that his future in the French capital is open.

That has pushed PSG’s recruitment team back onto the European market in search of a keeper the coach can build his next cycle around. Luis Enrique, who recently extended his own contract to 2030 after back-to-back Champions League titles, wants a settled No. 1 for that project.

Not the first approach Kobel has turned away

Kobel has been here before. Last summer he turned down an offer from Newcastle United worth a reported €13 million a year, per Get Football News Germany, citing uncertainty about the English club’s sporting trajectory. PSG, who have won the Champions League in each of the last two seasons, can argue the sporting case more loudly than Newcastle could.

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Dortmund’s answer is to move first. Sport Bild’s line is that an agreement before the end of the year is the target, with Kobel described as open to the idea in principle. The money is the complication. A goalkeeper of his profile, a Champions League regular and his country’s first choice, commands a different salary bracket from the one his current deal reflects, and Kovač’s own extension to 2029 has only raised the stakes on keeping the project’s core together.

Sport Bild expects formal talks to open in the coming weeks, with the aim of a signed extension before the end of 2026.

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