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HomeNewsPSG release statement denying Kylian Mbappe contract figures

PSG release statement denying Kylian Mbappe contract figures

Paris Saint-Germain has refuted and is considering legal action in response to a French news article asserting that Kylian Mbappe’s new deal would pay him a gross salary of €630 million.

Despite being close to completing a free transfer to Real Madrid, Mbappe decided to sign a new contract with PSG in the summer. It is considered one of the most lucrative sports contracts in history.

 

Official Statement

Paris Saint-Germain has refuted claims by many media sites claiming Kylian Mbappé receives the most significant sportsperson salary ever—roughly €630 million—in an official statement from the Club.

In response, the Club issued the following statement. “Paris Saint-Germain takes issue with the purported story and specifics, launched the capital club in a text given to the press.”

“This follows the sensationalist piece released yesterday regarding the Club and one of its players. The release timing is dubious a few hours before a crucial Champions League game.”

“Paris Saint-Germain won’t lower itself to say anything else. On the bright side, everyone at the Club is committed to tomorrow’s Champions League match.”

What is the report saying?

Le Parisien described the terms of Kylian Mbappé’s contract extension with Paris Saint-Germain. It consists of a three-year deal with statistics that supposedly see him earn €630 million in gross salary. The most significant sum ever given to a sportsperson.

They assert that this sum surpasses the €555 million Barcelona paid Mbappe’s current teammate Lionel Messi between 2017 and 2021 to earn the title of the largest contract in football history. It is significantly more than the €267 million Neymar will make from 2017 to 2023 while working for the Club.

Mbappe now holds all the cards and is in charge of one-fourth of the Club’s overall budget. His base salary is reported €6 million (£5.21 million) per month, which is reduced to €2.7 million (£2.34 million) after taxes. But still represents a tripling of his prior contract.

There are no bonuses for achieving particular objectives, such as assisting PSG in winning the Champions League.

However, his much-discussed signing bonus of €180 million (£156 million) is paid in three installments, due every July. He will still collect the total amount even if he departs the Club before the contract ends.

Finally, a loyalty bonus of €70m (£60m) is due at the end of every season. It will increase by €10m (£8.68m) for every season he remains at the Club.

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