In a major blow to Real Madrid, Paris Saint-Germain has declined the Spanish club's offer to sign Kylian Mbappe on a long-term contract. The French striker is reportedly valued at €150 million by PSG and is expected to be one of the most expensive signings in football history.
The news comes after months of speculation about Mbappe's future, with reports suggesting that he was keen on leaving the French capital to join a top European club. However, it seems that the move has now been thwarted by Real Madrid's high bid.
Despite the setback, there is still hope that Mbappe will remain in France and continue his career at PSG. The club has already made several high-profile signings this summer, including Neymar Jr., who has been linked with a move to Barcelona.
However, with Mbappe's valuation at such a high price tag, it remains to be seen whether PSG can secure his services or if they will have to settle for a less expensive option. Whatever happens, it is clear that Mbappe's departure from PSG would be a significant loss for both clubs involved.
Overall, the refusal of Real Madrid to meet PSG's demands for Mbappe highlights the strength of the French club's position in the transfer market and their ability to attract some of the world's best players. It also serves as a reminder of the importance of player valuation and how much it can affect negotiations between clubs and potential transfers.