kylian Mbappe’s contract: LaLiga to fight PSG for attacking “the economic sustainability of European football”

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The new Kylian Mbappe’s contract with Paris Saint Germain has provoked Spanish Laliga. The league body is set to drag the French club before French tax authorities, European Union, and UEFA over the “scandalous” agreement PSG entered into just to keep Mbappe.

Recall that there has been a series of back and forth between Mbappe and PSG over the need for the Frenchman to extend his contract with the French club.

Initially, reports in France claimed that Kylian Mbappe was determined to join Real Madrid, his dream club. Mbappe’s desire to play for Real Madrid matched Madrid’s desire to sign the 23-year-old French striker.

Hence, since last summer, Real Madrid have been making efforts to sign Mbappe to the extent they were willing to pay as much as £200 million to sign the Frenchman last summer.

When PSG was unwilling to let him go despite such a hefty offer, reports speculated that Mbappe has agreed to join Real Madrid on a free transfer when his contract with PSG expires on June 30, 2022.

But on Saturday, May 21, 2022, Mbappe stunned the world when he agreed to stay at PSG for three more years after the French club offered him a deal worth £1 million a week.

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No player in the history of football has ever been offered such an outrageous amount of money per week just to play football. Hence, the Kylian Mbappe’s contract forced Laliga to speak up.

A statement from Laliga read: “This type of agreement attacks the economic sustainability of European football, putting at risk hundreds of thousands of jobs and sporting integrity risk – not only in European competitions but also in domestic leagues.

“It is scandalous a club like PSG, which last season reported losses of more than €220m, after accumulating losses of more than €700m in prior seasons (while reporting sponsorship income at a doubtful valuation) with a cost of sports staff around €650m for this 2021-22 season, can face an agreement of these characteristics while those clubs that could accept the arrival of the player without seeing their wage bill compromised, are left without being able to sign him.

“For all of the above, LaLiga is going to file a complaint against PSG before UEFA, administrative and tax authorities in France, and before the competent bodies of the European Union, to continue defending the economic ecosystem of European football and its sustainability.”

Details of Kylian Mbappe’s contract with PSG

Details of Kylian Mbappe's contract with PSG

The new Kylian Mbappe’s contract with Paris Saint Germain has made the Frenchman the highest-paid player in the history of football.

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Kylian Mbappe’s contract with PSG is expected to expire on June 30, 2025. This means the 23-year-old French striker will earn £1 million per week for the next three years at Parc Des Princes.

Aside from that, Mbappe pocketed a whopping £100 million signing-on fee just because he agreed to stay at PSG. He would also earn bonuses for goals, Ballon d’Or honors, and Champions League success.

The sweet part is that Mbappe has the final say concerning his image rights and also has a say concerning the activities of the club’s football director, that is, he can influence the hiring and firing of coaches at the club.

PSG chairman and CEO Al-Khelaifi and Kylian Mbappe during his unveiling on Saturday, May 21.
PSG chairman and CEO Al-Khelaifi and Kylian Mbappe during his unveiling on Saturday, May 21.

After sealing Kylian Mbappe’s contract, PSG chairman and CEO Al-Khelaifi said: “Kylian’s commitment to PSG represents an amazing milestone in the history of our club, and a wonderful moment for our fans around the world.

“Since the day Kylian joined our family, he has achieved greatness beyond his years on every single stage. In committing to PSG, he will be the foundation of our club’s future both on and off the field.

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“I am incredibly proud and very happy – for Kylian, for our fans, and our entire PSG family worldwide – that we will continue our wonderful journey together. For our fans and our club, the greatest chapters of our future lie ahead.”

Note that since Kylian Mbappe joined PSG on loan from Monaco on August 31, 2017, before signing a permanent deal on June 30, 2018, the Frenchman has scored a total of 171 goals and provided 87 assists in 217 games.

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