Kylian Mbappe will sign a new three-year contract with Paris Saint-Germain.
The France forward has agreed to a three-year contract extension that is close to being signed, as revealed by Fabrizio Romano.
🚨 Kylian Mbappé will STAY at Paris Saint-Germain. He’s definitely not joining Real Madrid this summer, the final decision has been made and communicated to Florentino Perez. 🤝 #Mbappé— Fabrizio Romano (@FabrizioRomano) May 21, 2022
𝐇𝐄𝐑𝐄 𝐖𝐄 𝐆𝐎.
More to follow - Kylian stays. #PSG pic.twitter.com/rUkFk8jmao
The 23-year-old’s contract is expiring in June and he would have been available on a free transfer, but instead of joining 13-time European champion Madrid, who have chased him for so long, Mbappé is staying to try to deliver PSG its first Champions League title.
Madrid managed to beat PSG in the Champions League this season but not in the transfer market once again, as the Spanish giant’s failure to sign Mbappé is a significant blow for its president, Florentino Pérez, who has been trying to get the transfer over the line for a year.
PSG turned down Madrid's official bid of 180 million euros ($190 million) — the same amount it signed Mbappé for from Monaco in 2017 — and even another reported amount of 200 million euros ($211 million) was not enough to sell its star despite him having only a year remaining on his contract.
Mbappé said wanted to leave at the end of last season, but only on the right terms for PSG.