The Spanish sports newspaper Marca reported this Monday that Kylian Mbappé signed a contract 2 weeks ago that from July 1 and for the next 5 years will make him a Real Madrid player. In the middle of the year the footballer will be released from PSG and he has already confirmed to the French club that he is not interested in renewing his contract.
It’s finally going to happen. After years of comings and goings, multimillion-dollar offers from both sides and a novel that seemed to have no end, Kylian Mbappé will be a Real Madrid player, the club in which he dreamed of playing since he was little.
Last Thursday, Mbappé informed Nasser Al Khelaifi, president of PSG, that he did not want to listen to any more contract renewal offers and that he would leave the institution in the middle of the year. The truth is that since January the player has had free rein to negotiate with other clubs, since FIFA regulations allow players whose contract is about to end during the next 6 months to start conversations with other entities.
This Monday, journalist Carlos Carpio from the Marca sports newspaper confirmed that negotiations began in January of this year and that the player already signed his contract with Real Madrid 2 weeks ago. The forward had a clause to automatically extend his contract in Paris for one more year, but in mid-2023 he told the club that he would not execute it.
Mbappé’s arrival at PSG
Kylian Mbappé arrived at PSG in August 2017 from Monaco, also from Ligue 1: he went on loan for one year with a mandatory purchase clause of 180 million euros, a move to avoid financial Fair Play. The Qatari-owned club had just disbursed the 222 million euros of the termination clause that Barcelona had placed on Neymar and could not assume another expense of that magnitude in the same window without breaking the financial rules.
At that time he was close to signing for Real Madrid, which offered the same money for his signing and also had the approval of Monaco, who preferred not to reinforce a direct rival like the Parisians. But with the BBC – the front line made up of Gareth Bale, Karim Benzema and Cristiano Ronaldo – the player and his representative had doubts about how many minutes of action the footballer would see. In addition, PSG offered more than double the player’s salary, an offer that Merengue did not think of matching because it would have generated a huge salary imbalance between players who were already legends and who at that time was a young 18-year-old promise.
Mbappé’s novel to Real Madrid
In August 2021, Real Madrid offered 160, 180 and finally 200 million euros for Kylian Mbappé, but PSG stood firm and rejected each and every one of those offers, despite the player expressing his desire to leave the club. institution. In 2022, the White House speculated about closing it as a free contract for 2023, but the player renewed until mid-2024 with a clause that allowed him to activate one more year automatically.
They had even reached an agreement and Mbappé had to personally call Florentino Pérez, president of Merengue, to apologize. At that time the player said that Emmanuel Macron himself, president of France, asked him to stay in Paris for a while longer and that this influenced his decision.
PSG offered the native of Bondy, a small city north of Paris, an annual salary of 72 million euros and a loyalty bonus of 180 million divided into three installments. At the end of 2023, the footballer told the PSG leadership that he did not want to activate that clause and rejected all renewal offers from the Parisian club, so the club put him up for sale and hung him (separated from the professional squad). Finally they reached an agreement for him to return to the squad: for him to renounce the remainder of his loyalty bonus, a sum greater than 100 million euros.
Mbappé’s contract at Real Madrid and that of PSG
Unlike what happened on previous occasions, Real Madrid is not going to go out of its way to hire Mbappé. The White House does not want to break its salary balance and for Mbappé to earn several times more than the rest of the squad, composed, for example, of players like Luka Modric and Toni Kroos who are legends at the club and who have won everything. In turn, the Frenchman is willing to give up some money in exchange for sporting glory.
In any case, the forward will be Madrid’s highest-paid player: according to Marca, he will receive between 15 and 20 million euros net per year, to which objective bonuses will be added. In 2022, the agreement was for 26 million annually. His last contract with PSG guaranteed him 32 million net per year. At the end of this season he will have earned 212 million euros gross: 72 in salary, 60 for the renewal and 80 from the loyalty bonus.
When he arrives free, Madrid will not have to pay PSG for the transfer and the player will ask for a significant signing bonus. In 2022 they had agreed on 130 million euros, although this time this figure would be close to 50 million. Merengue will compensate part of these differences with some bonuses for objectives, such as titles or individual awards.
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