Kylian Mbappe to Real Madrid has finally been confirmed, much to the delight of the fans, and it will be interesting to see the details of the Frenchman’s contract.
Los Blancos put an end to years of speculations surrounding Kylian Mbappe to Real Madrid transfer saga with a statement shared on the club’s website, which was subsequently posted across their social media accounts.
The brief statement put out on their website reads: “Real Madrid CF and Kylian Mbappé have reached an agreement whereby he will be a Real Madrid player for the next five seasons.”
Kylian Mbappe to Real Madrid: Details Of The Contract Of Kylian Mbappe At Real Madrid
Kylian Mbappe to Real Madrid deal will last for five years, which means that the 25-year-old France international will stay at the Spanish side untill June 30, 2029.
He will officially join Real Madrid on July 1, 2024, a day after his contract with Paris Saint Germain ends (June 30, 2024), with his first shot at silverware for the club being the UEFA Super Cup, where they will face Atalanta on August 14, 2024.
Reports indicate that Kylian Mbappe will be paid an annual salary of around €15 million and €20 million with yearly increments.
The 25-year-old is also due to receive a €125 million signing-on bonus spread over five years of the deal.
Additionally, Mbappe will get 80% of his image rights throughout the period he will spend at Real Madrid unless the contract is reviewed and altered.
Kylian Mbappe’s departure from PSG has freed up about €220 million of gross cost to the Paris-based club, and that gives them enough leeway to sign the attacker’s replacement.
Paris Saint Germain have been linked with several stars in recent months, including Manchester United’s Marcus Rashford and Napoli’s Victor Osimhen.
Moreover, Kylian Mbappe has apparently already bought a home in Madrid, as he has purchased the apartment belonging to former Real Madrid star Gareth Bale.
The house is believed to be located in the exclusive La Finca development on the outskirts of Madrid and the Frenchman acquired it for around €12 – €16 million.
Kylian Mbappe Agreed Significant Pay Cut To Join Real Madrid
Mbappe is understood to have agreed a significant pay cut to join the Madrid-based club.
Kylian Mbappe who earns €25 million euros net in Paris, will take home €15 million euros net every season at Real Madrid, which still makes him the club’s top earner despite the huge salary cut.
Despite losing out in terms of basic salary Mbappe will receive a sizable sign-on fee understood to be about €125 million as aforementioned.
Kylian Mbappe At Paris Saint Germain
Before the Kylian Mbappe to Real Madrid move was completed, the Frenchman achieved giant strides at Paris Saint Germain, winning every trophy available to be won, except the UEFA Champions League title.
Kylian Mbappe is also the PSG’s highest goalscorer, with 256 goals in 308 appearances across all competitions.
The former AS Monaco man won 6 Ligue 1 titles with Paris Saint Germain, 4 Coupe de France, and 2 Coupe de la Ligue.
He was signed permanently by the Parisians from AS Monaco on July 1, 2018, for a fee of €180 million, having initially joined the club on loan on August 31, 2017.
Anyway, Mbappe has made 368 club career appearances thus far, scoring 283 goals and providing 124 assists in all competitions.
Internationally, Kylian Mbappe has made 77 appearances for France, scoring 46 goals and providing 31 assists across all competitions.
Mbappe was an integral member of the French 2018 FIFA World Cup winning squad, and the 2022 FIFA World Cup side that finished as runners-up after losing on penalties to Argentina.
