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.”
Paris Saint-Germain have denied French press stories on Mbappé’s contract worth €630m gross in 3 years. ? #PSG
“PSG confirms story is completely wrong with not a single detail being correct”, statement says.
Been told Paris Saint-Germain are also considering all legal action. pic.twitter.com/0ZpPAb88DR
— Fabrizio Romano (@FabrizioRomano) October 24, 2022
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.
Kylian Mbappé's new contract is a quarter of PSG's budget, making the deal the most expensive ever signed by a sportsperson ? pic.twitter.com/b30WdmHWjc
— FootballJOE (@FootballJOE) October 24, 2022
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.
