Mbappe Signs New PSG Contract But La Liga Kick

Ayomikun Elemikan

French forward Kylian Mbappe has signed a new three-year deal that will keep him at Paris Saint-Germain until 2025.

This comes after several months of speculations over the Frenchman’s future with strong indications he was set to join La Liga side Real Madrid after the expiration of his existing deal on 30th June.

Meanwhile, LaLiga has stated it will file a complaint about the deal after Mbappe did not join Real Madrid.

Reports indicate the Spanish giants were ready to offer as much as €230m to sign the striker on Deadline Day last summer. That is, they were willing to give Mbappe a signing-on fee of £110m and wages of £20m-a-year after tax. Their total investment would have been about £300m.

The 23-year-old was presented on the pitch ahead of PSG’s Ligue 1 home clash against Metz on Saturday night – in which he scored a hat-trick.

During his presentation, the former Monaco man said: “I would like to announce that I have chosen to extend my contract at Paris Saint-Germain, and of course I am delighted.

“I am convinced that here I can continue to grow at a club that provides everything necessary to perform at the highest level. I am also delighted to continue to play in France, the country where I was born, where I have grown up and where I have made my name.”

The news of Mbappe’s decision was received with a stern response from Spanish football authorities, with LaLiga saying it will lodge a complaint to the French tax authorities, UEFA, and the European Union at large over PSG’s “non-compliance with UEFA’s financial fair play”.

A statement from LaLiga on Saturday read: “This type of agreement attacks the economic sustainability of European football, putting at risk hundreds of thousands of jobs and sporting integrity at risk – not only in European competitions, but also in domestic leagues.

“It is scandalous a club like PSG, which last season reported losses of more than €220m, after accumulating losses of more than €700m in prior seasons (while reporting sponsorship income at a doubtful valuation) with a cost of sports staff around €650m for this 2021-22 season, can face an agreement of these characteristics while those clubs that could accept the arrival of the player without seeing their wage bill compromised, are left without being able to sign him.

“For all of the above, LaLiga is going to file a complaint against PSG before UEFA, administrative and tax authorities in France and before the competent bodies of the European Union, to continue defending the economic ecosystem of European football and its sustainability.”