December 29, 2024

French footballer Kylian Mbappe listens to the French President’s speech as he arrives for lunch at the team’s training camp as the team prepares for the 2024 FIFA World Cup in Yvelines-Clairefontaine on June 3, 2024 Part of the European Football Championship.

Sarah Messonnier | AFP | Getty Images

French football star Kylian Mbappe will reportedly receive a signing bonus of at least £85 million ($108.4 million) over the next five years after completing a highly anticipated move to Spanish giants Real Madrid.

real madrid monday comfirmed In a brief statement, Mbappe has reached an agreement to play for the club for the next five seasons. The press release did not reveal any financial details.

The 25-year-old World Cup champion is expected to officially join Real Madrid on a free transfer when his contract with Paris Saint-Germain expires at the end of June.

Media reports were divided over the financial arrangements for the deal.

sky sports monday report Mbappe will receive a signing bonus of just over £85m from Real Madrid, which the club are expected to pay in installments over his five-year deal.

In addition, the BBC explain Mbappe will receive a signing bonus of 150 million euros ($162.9 million) over the next five years, 15 million euros per season, and the player will retain a certain percentage of image rights.

CNBC could not independently confirm either report.

A Real Madrid spokesman did not immediately respond to a request for comment. CNBC has contacted Mbappe.

Kylian Mbappe has long been Real Madrid’s top target. explain He said on social media that signing with the club was a “dream come true”.

“Happy and proud to join my dream club @realmadrid,” Mbappe said on the X social media platform on Monday. “No one can understand how excited I am right now.”

The post, written in Spanish, English and French, was accompanied by a photo of a young Mbappe wearing a Real Madrid jacket during a visit to the club. One of the photos shows Mbappe meeting former Real Madrid player and five-time Ballon d’Or winner Cristiano Ronaldo.

Shortly after the Spanish club confirmed Kylian Mbappe’s move to Real Madrid won Reached the Champions League final for a record 15th time.

Mbappe scored 44 goals for Paris Saint-Germain last season, helping the club win the Ligue 1 title for the twelfth time. The striker has been the top scorer in France’s top flight for the past six years.

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