Kylian Mbappe signs Real Madrid deal
Kylian Mbappe has signed a contract to join Real Madrid on a free transfer once his Paris St-Germain deal expires on June 30.
The French striker had verbally agreed to the move to the Bernabeu in February and announced in May that he would leave PSG at the end of the season.
Now 25, Mbappe has officially signed terms with Real Madrid and will transfer to Spain when the La Liga transfer window opens on July 1.
Madrid is expected to announce the deal next week, with a formal presentation at the Bernabeu likely before Euro 2024.
Mbappe, a World Cup winner in 2018, is PSG’s all-time leading scorer with 256 goals since joining from Monaco on an initial loan in 2017.
He has agreed to a deal with Real Madrid until 2029, earning 15 million euros (£12.8m) per season, plus a 150 million euro (£128m) signing-on bonus paid over five years, while retaining a percentage of his image rights.
The Frenchman will have the opportunity to play alongside Luka Modric, as the Croatian midfielder is set to sign a new one-year extension with the club.
Modric, 38, came on as a substitute in Madrid’s 2-0 victory against Borussia Dortmund at Wembley on Saturday, securing their 15th European Cup title.
The former Tottenham midfielder’s current contract expires later this month, but he is expected to extend his stay for another year.
German midfielder Toni Kroos, 34, made way for Modric with four minutes remaining in what was his final appearance for the club after a decade-long tenure.
Real Madrid will celebrate their record-breaking success with a trophy parade through the Spanish capital on Sunday night.