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Real Madrid Sign Kylian Mbappe on Free Transfer After PSG Contract Expiry

Real Madrid has made a significant announcement by signing Kylian Mbappe on a free transfer after the forward left Paris Saint-Germain. The France captain, who holds the record for the most goals scored in PSG history, has agreed to a five-year deal with the Spanish club, worth €15m (£12.8m) per year after taxes. Additionally, Real Madrid will pay a signing bonus of over £85m to Mbappe, distributed over the duration of his contract.

The deal comes just two days after Real Madrid secured their 15th Champions League title under Carlo Ancelotti’s management. Mbappe expressed his excitement about joining Real Madrid through social media, sharing childhood photos of himself wearing the club’s jersey. The forward described the move as a dream come true and expressed gratitude to the fans for their support.

Mbappe’s decision to leave PSG this summer comes after he declined to activate a one-year contract extension, allowing him to move on a free transfer. His departure has freed up at least €220m (£187.5m) in gross costs for PSG.

Spanish football journalist Semra Hunter commented on the inevitability of Mbappe’s move to Real Madrid, highlighting the long-standing interest the club has had in the player. She also discussed the tactical implications of Mbappe’s arrival for the Real Madrid team under Ancelotti’s management.

The summer transfer window in the Premier League is set to open on June 14, coinciding with the start of Euro 2024, and will close on August 30 at 11 pm UK time. The Premier League has aligned its deadline with other major European leagues to streamline transfer activities.