On Monday, Marca confirmed that Real Madrid had signed a five-year contract with Mbappe two weeks ago, and revealed the details of the signing between the two parties. Including the annual salary and signing fee, Mbappe's annual income after joining Real Madrid will not exceed 50 million, while in Paris, his annual income exceeds 100 million euros!
Signed in early February
On 13 February, Mbappe met with Paris Saint-Germain president Al-Khelaifi and informed him that he would leave on a free transfer when his contract expired on 30 June. At the same time, Mbappe also asked the club not to propose any new contract extensions**. The reason is that Mbappe had already signed a five-year contract with Real Madrid at the time.
Marca revealed that when Mbappe met with Al-Khelaifi, the atmosphere was quite relaxed, as Arkhlefi has realized that he cannot renew his contract since June 2023, when Mbappe decided not to renew his contract with Paris. Since then, Al-Khelaifi has stopped asking Mbappe to renew his contract, but instead persuaded him to give up the third loyalty payment.
During the talks between Mbappe and Real Madrid, both sides strictly followed FIFA rules, and Real Madrid avoided any irregularities in order for PSG to get a reason to go to UEFA, FIFA. At the same time, Mbappe also realized that after abandoning Real Madrid in May 2022, he needed to "reconcile" with Real Madrid's management and fans.
With only six months left on Mbappe's contract, Real Madrid began reaching out to people close to Mbappe to ask if the agreement agreed between the two parties in May 2023 was still valid. At this time, Mbappe gave a positive echo. When he informed the club in June 2023 that he would not renew his contract, Mbappe had already made the decision: to join Real Madrid.
Mbappe took a big pay cut
In a videoconference in early January, Real Madrid general manager Alexis Sanchez expressed the hope that the two sides would resume negotiations in early February, with the goal of completing the talks as soon as possible and signing a contract with Mbappe.
In this televised conference, Sanchez conveyed to Mbappe an important idea, that is, Real Madrid do want to sign Mbappe, but Mbappe is not a priority for Real Madrid and will not go out of their way to sign Mbappe as they did a year and a half ago.
According to Marca's analysis, Real Madrid's meaning is very simple, if you can sign Mbappe, then it will be perfect, if you can't sign it, it's no problem. After Bellingham and Vinicius have become world-class players, Real Madrid do not need to urgently sign Mbappe.
In May 2022, Mbappe had already reached an agreement with Real Madrid, but there are still some disagreements between the two sides, mainly on the image rights part. When the two sides negotiated again, Real Madrid lowered their demands in this regard, as the two sides already had the necessary conditions to reach an agreement after Mbappe's salary cut.
Both Florentino and Sanchez believe that the arrival of Mbappe should not lead to an imbalance in the dressing room. Therefore, when negotiating with Mbappe's mother and agent Ramari, Real Madrid demanded that Mbappe's annual salary should be adjusted according to Real Madrid's standards, that is, a significant salary reduction.
Of course, as a world-class player, Mbappe still gets the top salary of Real Madrid, but it is not much different from players such as Klaus and Modric. According to insiders, Mbappe's annual salary after tax is between 15 million and 20 million euros, in addition to bonuses.
In the agreement reached between the two parties in 2022, Mbappe's annual salary is 26 million, while in the last 2 seasons in Paris, Mbappe's annual salary after tax is 32 million.
However, Real Madrid also used the signing fee to compensate Mbappe. In the last week of August 2021, Real Madrid sent a request to Paris600 million euros to buy, and a few days later, **1800 million euros, but they were all rejected by the other party.
Marca revealed that in the agreement reached between the two parties in 2022, Mbappe's signing fee is 1300 million, and the current agreement is also lower. Including the signing fee and annual salary, Mbappe's annual income at Real Madrid will not reach 50 million.
This season, Mbappe's gross income before tax in Paris is $21.2 billion euros, including an annual salary of 72 million, a renewal bonus of 60 million and a loyalty bonus of 80 million. After joining Real Madrid, Mbappe's annual income will be reduced by more than 50%.
Mbappe has personally apologized
In the end, Mbappe's side accepted the annual salary and signing fee offered by Real Madrid, because they realized that only in this way could Mbappe realize his dream of playing for Real Madrid. A year and a half later, Mbappe has finally decided to think about athletic goals first, rather than annual salary.
At the same time, Mbappe's side also realized that after joining Real Madrid, Bellingham's image and value have risen. They also believe that if Mbappe is successful at Real Madrid, his sponsorship income will also soar.
After the farce of May 2022, the two sides were able to reach an agreement again because of the good relationship between Florentino and Mbappe. At the time, Mbappe had personally called Florentino to apologize for his decision.
After the initial anger and disappointment, Florentino began to rework his plan with Sanchez, with the goal of making Mbappe a member of Real Madrid. According to Marca, Real Madrid are currently hoping to feature Mbappe at the opening of the new Bernabeu Stadium on 1 July. Five years after the first contact, and a year and a half after being rejected by Mbappe, Real Madrid are finally on the verge of achieving their goal.
February** Dynamic Incentive Program