Kylian Mbappé stuns PSG with formal decision not to renew contract in 2024

Kylian Mbappé has stunned Paris Saint-Germain by presenting a formal letter to the club’s hierarchy, informing them of his decision not to take up the option of a one-year contract extension next summer.

Unless Mbappé is convinced to either reverse his decision or negotiate a completely new deal, the striker’s contract will expire in June 2024, when the 24-year-old would be able to leave PSG on a free transfer. The club hierarchy are said to have taken the news in the letter badly, having previously thought that talks over a contract renewal were progressing well.

The most likely scenario now appears to be a sale this summer, with PSG keen to avoid losing their star asset for free. Despite the contract situation, Mbappé would probably still demand an astronomical fee, perhaps even eclipsing the £166m that PSG paid for him in 2018.

The news will interest every elite club in Europe, particularly in the Premier League. Manchester United, Liverpool and Chelsea have all been linked in the past but Real Madrid is the obvious destination now. The Spanish club have coveted Mbappé since his breakthrough season in 2016 at Monaco, and the feeling is mutual: the Frenchman was pictured as a child with Real posters on his bedroom wall, and even met Cristiano Ronaldo when he was 14. The void left by Karim Benzema’s departure to Saudi Arabia only heightens the chances of Mbappé making the move to Madrid.

Mbappé has long been admired by Madrid’s president, Florentino Pérez, and even after the shock renewal of his PSG contract last year – a deal that was said to include a salary of £20m after tax and a signing bonus in excess of £100m – the striker spoke openly about the idea of joining Madrid and called Pérez personally last year to