The Ligue 1 leaders have been heavily backed in the transfer market by their Qatar-based owners since their takeover of the club in 2011.
Chairman Nasser Al-Khelaifi has already pledged to spend significant sums to turn the club into a major European force.
The likes of Thiago Silva and Zlatan Ibrahimovic have already signed on at the Parc Des Princes in recent months, while David Beckham became the latest superstar to move to the club when he sealed a five-month deal on transfer deadline day last week.
Former Chelsea boss Ancelotti has revealed the owners have a big say in who signs for the club, but insists he has no problem with that.
He also believes PSG will soon rank alongside the biggest clubs in Europe, even if he has found Ligue 1 to be a lot more competitive than first thought.
“This is the team of the owner, as I said at Chelsea. But I feel good,” said Ancelotti, who replaced Antoine Kombouare as boss in December 2011. “I thought it would be easier, but after one year I can say it’s not so easy because the championship here is difficult.
“Paris Saint-Germain will be a team like Manchester United, like a top team, in Europe. I don’t know how long it will be, but it will be for sure.”
Chelsea captain Gary Cahill hailed the FA Cup final win over Manchester United as a 'dream come true', saying they saved their season.
Manchester United boss Jose Mourinho congratulated Chelsea on their 1-0 FA Cup win but says the best team lost.
Manchester City have launched a bid for Ajax central defender Matthijs de Ligt and hope to pip Tottenham to the player's signature.
Liverpool are '99 percent' certain to complete the signing of Lyon star Nabil Fekir this summer, according to reports in France.
Jose Mourinho has revealed it was Romelu Lukaku's decision not to start the FA Cup Final as Manchester United slipped to a 1-0 defeat.
Antonio Conte says he is a 'serial winner' and has challenged Chelsea to back him or sack him after Saturday's FA Cup success.
West Ham are closing in on the appointment of Manuel Pellegrini who will be leaving his current position in China to take the job.