Real Madrid officially announce signing of Kylian Mbappe on stunning free transfer

Real Madrid have officially announced the stunning signing of Kylian Mbappe on a five-year contract until 2029.

Mbappe will officially join the reigning Champions League winners on July 1 once his PSG contract officially expires.

The France international is ending his seven-year association with Paris Saint-Germain, playing his final game in the French Cup final win over Lyon.

After plenty of speculation, Mbappe announced his departure ahead of his last match at the Parc des Princes in May.

Much to PSG's frustration, the 25-year-old ran down his contract in the French capital.

But it was the worst kept secret in football that Mbappe was destined to sign for Real and it's said that he made his decision back in February.

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And after winning the European Cup for the 15th time with victory over Borussia Dortmund at Wembley, Los Blancos have improved their squad with quite possibly the greatest free transfer in history.

Ahead of Euro 2024 tournament with France, Mbappe has penned a five-year contract at the Santiago Bernabeu.

He is in line to be their top earner on £12.8 million per year, as well as pocketing a mammoth £86 million signing-on bonus to be paid in installments.

Image: Getty

Now, after two previous failed moves, Mbappe will become a Real player on July 1 when his PSG deal expires.

A statement on Real's official website simply reads: "Real Madrid CF and Kylian Mbappe have reached an agreement whereby he will be a Real Madrid player for the next five seasons."

More details of Mbappe's deal, including his new shirt number, are set to be announced in due course.

He will add to an already formidable forward line including Jude Bellingham, Vinicius Jr and Rodrygo Goes.

Mbappe joined PSG in 2017 from Monaco in a £166 million switch and went on to score a record-breaking 256 goals in 308 appearances.