Kylian Mbappe's staggering Real Madrid signing-on fee revealed by Fabrizio Romano as PSG exit confirmed

Kylian Mbappe's huge signing-on fee at Real Madrid has been revealed following confirmation of his departure from Paris Saint-Germain.

One of the longest transfer sagas in history finally looks to draw to a close after Kylian Mbappe confirmed that he will leave Paris Saint-Germain this summer.

Last week the 25-year-old announced his decision to leave the club when his contract expires this summer, bringing an end to a seven-year spell with his hometown club.

Mbappe is expected to join Real Madrid as a free agent, three years after PSG turned down a £188 million offer for him and two years after he tried to force a move to the Spanish giants.

In the summer of 2022 Mbappe stated his desire to leave PSG for Real Madrid, but he ended up performing a U-turn and signing a new three year contract.

It later transpired that the deal was only two years with an optional third. The player and club disputed this last summer, with PSG boss Luis Enrique temporarily dropping Mbappe from his squad.

The two parties came to an agreement and Mbappe returned to action, scoring 44 goals in 47 games this season.

PSG paid £165.7 million to sign Mbappe from Monaco in 2017, so who knows how much they would have demanded had the World Cup winner been under contract.

While Madrid won't have to pay a transfer fee, they have reportedly agreed to pay Mbappe a staggeringly big sign-on fee.

MERCI. 🔴🔵 @PSG_inside pic.twitter.com/t0cL2wPpjX

— Kylian Mbappé (@KMbappe) May 10, 2024

According to Fabrizio Romano, La Liga's newly crowned champions will pay Mbappe a sign-on fee of around €100m (£86m) and will be split across the five years of his contract.

Reports claim the Frenchman will reportedly earn a salary anywhere between €15m (£12.9m) and €25 (£21m) per year after tax, a huge drop off from his wages at PSG.

Mbappe played and scored in his final home game for PSG on Saturday, although he was unable to prevent a 3-1 defeat to Toulouse.

PSG ultras held up a pre-match choreography in tribute to the club's all-time leading goal-scorer, although boos were heard from some sections of the Parc des Princes crowd.