The Frenchman has previously voiced his admiration for the midfielder, alongside interest from Monaco, but says any possible swoop hinges on departures from his current squad
Blanc revealed his admiration for the 27-year-old in July, while Monaco CEO Vadim Vasilyev had also hinted at a swoop for the "exciting" France international.
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"He’s a very good player," Blanc told Le Parisien. "I haven’t changed my opinion. For the moment, he’s at Newcastle.
"I also read that Tottenham are interested in him. Newcastle, Tottenham, or Paris - I hope that he’ll still be at a big club in September."
PSG have already spent big this summer following the acquisitions of Edinson Cavani and Marquinhos, and Blanc is not desperate to further bolster his squad.
He continued: "Right now, I’d say no [PSG are not looking to buy more players] but, depending on how much we trim the squad by, it’s possible that we might take one extra player."