French football club Paris Saint-Germain (PSG) and Saudi Pro League club Al-Hilal have presented a life-changing offer to French striker Kylian Mbappe. Al-Hilal, owned by the Saudi Arabian Public Investment Fund (PIF), is willing to pay a staggering 300 million euros for Mbappe to join their team. They are even open to a one-year contract, with a reported 700-million-euro contract waiting for him should he choose to accept.
To understand the context of Mbappe's transfer situation, we need to go back to 2021 when PSG rejected a 190-million-dollar offer from Real Madrid for Mbappe. At that time, Mbappe accepted a contract extension from PSG, which was for 24 months with a possible 12-month extension. The extension came with some unique privileges, like having a say in the club's transfers. Mbappe was involved in decisions like appointing Lucas Ocampos as the PSG sport director and even authorized the sale of Neymar, according to reports.
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Now, after two years of that contract, Mbappe has informed PSG that he does not intend to renew it any further and instead plans to explore free agency in 2024. This has led to speculations that Real Madrid has been pursuing the World Cup-winning player behind the scenes. Meanwhile, Al-Hilal has made a record-breaking offer of 300 million euros to PSG for Mbappe's services.
Mbappe's current contract with PSG is set to expire in 2024, and he had the option to extend it for another year. However, he communicated to the club via a letter that he does not intend to exercise that option. This means that from January, he will be free to negotiate and sign a pre-contract agreement with any other club should he choose to remain in Paris until the end of his contract.
Nevertheless, PSG's president, Nasser al-Khelaifi, has insisted that Mbappe "must sign a new contract" if he wants to stay with the club for the upcoming season. The French league champions acquired Mbappe from Monaco for 180 million euros in 2017, and despite ongoing links with Real Madrid, he signed a new two-year contract last year.
For the time being, Mbappe has not been included in PSG's squad for their Asian pre-season tour. The situation continues to garner attention, and fans eagerly await Mbappe's decision and where he will end up playing in the future.