Kylian Mbappe of PSG IPA

Paris Saint-Germain rejects Real Madrid's €160 million offer for Kylian Mbappe

Paris Saint-Germain has rejected Real Madrid's €160 million offer for Kylian Mbappe, multiple sources told ESPN's Julien Laurens and Rodrigo Faez.

Sources close to Real Madrid told ESPN that negotiations will be complex, but the club still hopes to convince PSG to agree to a deal before the transfer window closes next week.

Other sources in France suggested to ESPN that Madrid would need to raise the offer to €200 million to have a chance of landing the French international. 

PSG sporting director Leonardo Araujo said Wednesday, according to Fabrizio Romano of Sky Sports, that the club will not hold Mbappe back from joining Real Madrid, and if the conditions are met, then he could be transferred. 

Araujo also said that PSG has "no plans" to talk to Real Madrid again regarding Mbappe, adding the €160 million offer is less than what the club paid for him in 2017. 

Mbappe's contract at PSG expires next summer, and he has made it clear that he has no intention of renewing his contract with the club. The Parisians believed the arrival of Lionel Messi would change Mbappe's mind, but that has not been the case. 

Mbappe has been Real Madrid's top target for some time now, and the striker has been close to joining Los Blancos on several occasions in the past. 

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