Real Madrid have announced the signing of Kylian Mbappe on a free transfer after the France captain left Paris Saint-Germain.

The 25-year-old, who is PSG’s record goalscorer with 256 goals in 308 appearances, has signed a five-year contract at the Bernabeu worth €15m (£12.8m) a year after tax.

He will receive a signing-on bonus of just over £85m from Real, who will pay the fee in installments over the duration of his contract.

The 2018 World Cup winner joins just two days after Carlo Ancelotti’s side won their 15th Champions League title to clinch the double, having also been crowned LaLiga champions.

A one-line statement from the European champions announcing Mbappe’s arrival said: “Real Madrid CF and Kylian Mbappe have reached an agreement whereby he will be a Real Madrid player for the next five seasons.”

Mbappe then posted on social media with pictures of himself as a kid wearing a Real Madrid kit to express his joy at the move.

He said: “A dream come true. So happy and proud to join the club of my dreams, Real Madrid.

“Nobody can understand how excited I am right now. Can’t wait to see you, Madridistas, and thanks for your unbelievable support. Hala Madrid!”

The Spanish giants have been long-term admirers of Mbappe and tried to sign him in 2022, but the forward committed to a new two-year deal at the Parc des Princes.

But Mbappe refused to activate a one-year extension in his PSG contract which allowed him to move for nothing this summer, just six years after costing the French club £166m from Monaco.

Mbappe’s departure, which he announced last month, has freed up at least €220m (£187.5m) of gross cost to PSG.

Source:skysports.com