Kylian Mbappe has signed a new three-year agreement with Paris Saint-Germain.
Mbappe, 23, had been widely anticipated to quit the Ligue 1 champions for Real at the end of the season upon the end of his existing deal on 30th of June.
Real Madrid, who were willing to pay €230 million to sign the striker on Deadline Day last summer – were all set to give Mbappe a signing-on fee of £110 million and wages of £20 million a year after tax. Their total investment would have been about £300 million.
Mbappe was shown on the pitch before PSG’s Ligue 1 game at home to Metz, in which he scored a hat-trick and stated, “I would like to announce that I have chosen to extend my contract at Paris Saint-Germain, and of course I am delighted.”
“I am convinced that here I can continue to grow at a club that provides everything necessary to perform at the highest level. I am also delighted to continue to play in France, the country where I was born, where I have grown up and where I have made my name.”
Mbappe went on to score a hat-trick in the match versus Metz as PSG came out 5-0 winners at the Parc des Princes.