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The 21-year-old has made no secret of his desires to leave Paris Saint-Germain in the future and his time in the French capital could be up.
L'Équipe have reported Mbappe hasn't decided which club he wants to join yet, but he is keeping both options open and will decide at the end of the season.
Mbappe's contract expires in 2022 so a deal next summer would be beneficial for himself and PSG should he want to move on.
Breaking ' Liverpool & Real Madrid in regular contact with Kylian Mbappé over a deal for next summer, according to tomorrow's L'Équipe. More follows.
- Get French Football News (@GFFN) September 21, 2020
It is currently believed there is no indication of Mbappe extending his contract with PSG.
The World Cup winner could be tempted by a move to 'Los Blancos' after growing up a fan of manager Zinedine Zidane.
Zidane has long been an admirer of Mbappe and Madrid think he is the perfect player to lead a new generation of 'Galacticos'.
But Liverpool can't be ruled out of the race, with Mbappe reportedly a big admirer of Jurgen Klopp's side.
Klopp played down the chances of his side signing Mbappe earlier this year, claiming: "Buying this calibre of player is difficult.
"I don't see any club at the moment who can buy Kylian Mbappe from PSG. I don't see any club, that is how it is. And we are involved in the clubs that cannot do it. It is as easy as that.
"OK, from a sporting point of view, there are not a lot of reasons to not sign him. What a player he is. But it is about the money of course. No chance. Absolutely no chance. Sorry for killing that story."
Liverpool have since won the Premier League title and added Kostas Tsimikas, Thiago and Diogo Jota to their squad.
Do you think Kylian Mbappe will leave PSG next summer? Where will he end up?
Let us know in the comments.
Featured Image Credit: PA Images
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