PSG Striker Mbappe ‘Signs Contract With Real Madrid’, Details Emerge

PSG Striker Mbappe ‘Signs Contract With Real Madrid’, Details Emerge

  • French striker, Kylian Mbappe has reportedly signed five-year contract with Spanish giant, Real Madrid.
  • The contract was agreed and signed by both parties two weeks ago and the Mbappe is expected to join Real Madrid on July 1.
  • The 25-year-old striker is expected to become the highest-paid player with a salary range between 15 and 20 million net per year plus bonus

Legit.ng journalist Adekunle Dada has over 5 years of experience covering metro and government policy.

Madrid, Spain- Paris Saint-Germain striker, Kylian Mbappe, has reportedly reached an agreement and signed a contract with Real Madrid.

According to the Spanish newspaper MARCA, Mbappe and Real, Madrid reached an agreement two weeks ago and he will become a player of the Spanish giant on July 1.

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Kylian Mbappe reportedly signs for Real Madrid
Kylian Mbappe reportedly signs 5 years contract with Real Madrid Photo credit: Julian Finney
Source: UGC

The transfer sage which started in 2017 is finally set to come to an end seven years later.

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“When the player met with PSG last Tuesday to inform them that he would be leaving the club on June 30, he asked him not to be presented with any new renewal offer.
“The reason was that he had already signed his signature on the contract that would tie him to Real Madrid for five seasons, as had been suspected in Paris for some time.”

It was gathered that the contract will tie Mbappe to Real Madrid for five seasons (2024-2029).

The 25-year-old striker is expected to become the highest paid player in the but with a salary not too far from the highest paid players in the squad, who are Toni Kroos, Luka Modric and David Alaba.

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Sources said the salary will cover a range between 15 and 20 million net per year plus bonus for objectives during the five years that the contract will last.

Mbappe announces PSG exit as free agent

Legit.ng earlier reported that Mbappe announced his intention to exit PSG this summer. Mbappe, whose contract expires in the summer, informed the French champions of his choice.

The details of his departure are still being worked out as both sides discuss whether he will depart for a transfer fee or forego his salary to support PSG's financial stability.

PSG and Mbappe are expected to reveal their decision in the following months. According to football journalist Fabrizio Romano, PSG's top executive, Nasser Al Khelafi, was informed of the development on Thursday, February 15.

Source: Legit.ng

Authors:
Adekunle Dada avatar

Adekunle Dada (Politics and Current Affairs Editor) Adekunle Dada is a trained journalist with over 7 years of working experience. He is also a Politics/Current Affairs Editor at Legit.ng. He holds a B.Sc. in Mass Communication From Lagos State University, Ojo. Adekunle previously worked at PM News, The Sun, and Within Nigeria where he expressed his journalistic skills with well-researched articles and features. In 2024, Adekunle obtained a certificate in advanced digital reporting from the Google News Initiative. He can be reached via adekunle.dada@corp.legit.ng.