Spanish giants Real Madrid have reached in in-principle agreement to sign Kylian Mbappé for a record breaking sum of €180m (£161m). The transfer figure is set to be the costliest ever, eclipsing the £89m EPL club Manchester United paid for Paul Pogba during last year’s transfer season. Reports suggest the Real Madrid have agreed to pay €160 million in transfer fees, plus €20 million for a performance related bonus for the 18-year old French international and Monaco striker. Mbappe, who scored 15 goals in 29 league appearances for Monaco last season, will sign a six-year contract with Madrid in all likelihood and could earn as much as £200,000 per week.
The contact with the club has not been smooth though, with the Ligue 1 champions holding for €190 million during the negotiations, and also threatening to report Real Madrid to FIFA for unauthorised contact with the player during the negotiations. Real Madrid president Fiorentino Perez has had a busy transfer season this year. Alvaro Morata has been offloaded to Chelsea already, and there were reports of Karim Benzema being shipped off to Monaco in order to secure Mbappe. Mbappe had concerns over playing time and finding favour with Real’s coach Zinedine Zidane, and the departure of striker Morata would certainly ease his mind. Manchester United and Arsenal were also interested in the French teenager but he had made it clear from the beginning that were he to leave Monaco, it would be for Madrid.
About £100m of the fees for Mbappe has been raised from the sales of Morata to Chelsea and Danilo to Manchester City. Monaco, on the other hand, have made a jaw-dropping £300m in just transfer fees this season. Monaco made it to the semi-finals of the Champions League last season, and among the 13 players who have departed since then are Bernardo Silva and Benjamin Mendy who went to Manchester City for £43.6m and £52m respectively, and Tiemoué Bakayoko, who was transferred to Chelsea for £39.7m.