Real Madrid have announced the signing of Kylian Mbappé seven years after they first tried to bring him to the club. The France forward will officially join on a free transfer on 1 July after his Paris Saint-Germain contract expires.
Mbappé joins on an annual salary of between €15m (£12.8m) and €20m (£17m) with annual increments. He is due to receive a €125m (£106.5m) signing-on bonus spread over five years of the contract, and will get 80% of his image rights.
“Real Madrid and Kylian Mbappé have reached an agreement whereby he will be a Real Madrid player for the next five seasons,” the club said in a statement.
Mbappé moved to PSG from Monaco seven years ago and Madrid made further attempts to get him in 2021, when they offered €200m on summer deadline day, and 2022, when the forward held positive talks with the Spanish club but ended up committing to a new contract.
The arrival of Mbappé follows Madrid’s victory over Borussia Dortmund at Wembley last Saturday that secured a record-extending 15th European Cup. Mbappé, who scored 256 goals in 308 PSG appearances, joins forwards at Madrid including Vinícius Júnior and Rodrygo. Another Brazilian forward, Endrick, is due to arrive this month from Palmeiras when he turns 18.
Mbappé was not included by Thierry Henry on Monday in France’s 25-man preliminary squad for a training camp for the Paris Olympics. The men’s tournament runs from 24 July to 9 August and Mbappé will be at the Euros before that. “This is the current list and it can change until 3 July,” Henry said. “Clubs have the power to say yes or no.”