Real Madrid submit their initial bid for Kylian Mbappe as Perez offers to improve the bid

Kylian Mbappe, one of football’s brightest stars, has officially joined Real Madrid, marking the end of a long-anticipated move.

His contract with Los Merengues, starting on July 1, runs until 2029, allowing the French forward to focus on his national team duties for UEFA Euro 2024.

Describing the transfer as “a dream come true” on social media, Mbappe is poised to begin a new chapter at the Santiago Bernabeu.

Despite being a free transfer, the deal is financially monumental. Sky Sports labels it the “most expensive free transfer in history.”

The 25-year-old will receive a staggering signing bonus, estimated at €117 million by Sky Sports and €150 million by the BBC. This bonus, spread over his five-year contract, highlights the value Real Madrid places on Mbappé.

Annually, Mbappe will earn €15 million, a significant decrease from his €70 million PSG salary.

However, adding the annual portion of his signing bonus elevates his total earnings to between €35 and €45 million per year. His contract also includes numerous performance-related bonuses, reinforcing Real Madrid’s commitment to success.

A notable aspect of Mbappé’s deal is the retention of 80% of his image rights, a privilege last afforded to Cristiano Ronaldo in 2009.

This arrangement not only underscores Mbappé’s marketability but also his pivotal role in Real Madrid’s future branding and visibility.

The transfer saga, however, has left a complicated legacy with Paris Saint-Germain. Reports indicate that PSG owes Mbappé €80 million, a figure tied to unpaid bonuses and salary.

The tensions between Mbappé and PSG president Nasser al-Khelaifi add a layer of drama to the striker’s departure.

While Mbappe’s journey with Real Madrid begins, his story with PSG remains unresolved. The football world eagerly watches as Mbappé steps onto the field for Real Madrid, hoping to lead the club to new heights.

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