June 24, 2024

Kylian Mbappe’s Real Madrid Contract Details Revealed

 

By: Emmanuel Ibitoye

 

French football star Kylian Mbappe is set to join Real Madrid after departing Paris Saint-Germain (PSG) as a free agent, with an official announcement expected this week.

 

Kylian Mbappe, one of the most sought-after football talents in the world, is poised to begin a new chapter in his career at Real Madrid. The 25-year-old forward, who opted not to extend his contract with PSG, will receive a significant signing-on bonus from the Spanish club.

 

Reports indicate that Mbappe will be granted a signing-on bonus exceeding £85 million (€100 million), which Real Madrid will disburse in installments throughout his tenure at the club. This lucrative deal reflects Real Madrid’s commitment to securing the services of the prolific goal scorer.

 

Mbappe’s contract with Real Madrid spans five years and is valued at £12.8 million (€15 million) per year after taxes. This marks a substantial pay cut from his previous earnings at PSG, where he was on a gross salary of €75 million (£63.9 million) in his final year, alongside a €30 million (£25.6 million) annual signing-on bonus.

Despite the pay reduction, the move to Santiago Bernabeu is seen as a strategic step in Mbappe’s illustrious career. The France national team captain has been a key figure in PSG’s successes since his record transfer to the club in 2017, where he was acquired for £166 million from AS Monaco.

 

The decision to join Real Madrid comes after Mbappe declined to trigger the one-year extension clause in his contract with PSG. His departure from the Ligue 1 champions marks the end of a significant era, but it also signals the beginning of an exciting journey with the LaLiga giants.

 

Mbappe’s arrival at Real Madrid is expected to bolster the team’s attacking prowess and further their ambitions in both domestic and European competitions. The World Cup winner’s speed, skill, and goal-scoring abilities will be crucial assets for the Spanish club as they aim to reclaim their dominance in football.

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