Kylian Mbappe: PSG Salary Waived and Transfer News | Latest Updates

2024-01-05 05:03:23

Paris (AFP)

The French star of Paris Saint-Germain, Kylian Mbappe, waived part of financial rewards amounting to tens of millions of dollars, in an agreement reached with the Parisian club this summer, according to a source who participated in the negotiations.
The source stated that the value of these bonuses waived by Mbappe ranges between 65 and 75 million dollars, and will serve as financial coverage for the club in the event that he leaves as a free player at the end of his contract next June.
Mbappe is now a free player who, starting Monday, has the option of signing with a club other than his current team.
Several media outlets reported other sums, such as Le Parisien, which confirmed that Mbappe had given up the “loyalty” bonus of $85 million that he should have received last September, in addition to other sums, bringing the total value to approximately $105 million. .
Mbappe said, in press statements following Saint-Germain won the Champions Cup title at the expense of Toulouse 2-0, “With the agreement I concluded with the club this summer, whatever my decision, we were able to protect all parties and maintain the club’s readiness for the upcoming challenges, which is the most important thing. Adding that he has not made his “decision” regarding his future.
Saint-Germain can provide these amounts to compensate for any possible transfer of Mbappe, without receiving a transfer allowance.
Upon signing his contract with the French champions in 2022, Mbappe received a total salary of 78 million dollars annually, a signing bonus of 164 million euros paid in three installments, and a loyalty bonus of increasing value, amounting to 75 million dollars in the first year, and 85 million in the year. The second year and 95 in the third season.

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