Real Madrid has been in pursuit of the 25-year-old forward for quite some time, with Mbappe likely needing to accept a reduction in salary to join the Spanish club. However, Real Madrid is prepared to make him their highest-paid player in history.
In August 2021, PSG rejected a €220m (£188m) bid from Real Madrid for Mbappe. Subsequently, Mbappe chose to extend his contract with PSG for another three years, which is set to expire this summer. Should Mbappe decide to extend his contract by an additional year, PSG would value him at €150m (£128m) in the upcoming transfer window. Last summer, PSG turned down a €300m (£256m) offer from Saudi club Al Hilal, a move that Mbappe declined.
Mbappe's departure, given his €200m (£171m) annual wages, will allow PSG to allocate resources towards securing a replacement for their star player. It's understood that there are already plans in motion to make multiple signings during the upcoming summer transfer window.

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