OFFICIAL: PSG Announce Mbappe Signing From Monaco
Paris Saint-Germain have officially signed Kylian Mbappe on a season long loan, with an option to buy at the end of it.
PSG have managed to sign the teenage sensation from their rival club just weeks after signing Neymar for a record transfer fee from Barcelona.
In order to avoid a penalty because of the Financial Fair Play (FFP) rules and regulations, the Paris-based club has signed the player on a year-long loan, with an option to buy at the end of it – which PSG will certainly exercise next year.
The transfer that looks modest in shape of a loan has a colossal option-to-buy fee at the end of the loan spell. Mbappe’s transfer to PSG will cost the French club €180 million plus bonuses – a ridiculous amount, in total.
Get the details of @KMbappe's deal with PSG
▶️ https://t.co/Zgur8Ct9AR#BienvenueKylian pic.twitter.com/D4y3JjkHuM
— PSG English (@PSG_English) August 31, 2017
Once, Paris Saint-Germain activate the option to buy next season, the transfer will also become the second costliest transfer in the history of game.
Mbappe faced press after completing his move today, where he exclaimed: “It is with great joy and pride that I join Paris Saint-Germain. For any young person from the Paris region, it is often a dream to wear the red and blue jersey and experience the unique atmosphere of the Parc des Princes.”
The 19-year-old also spoke of his confidence in the ambitious project at PSG, by adding: “I really wanted to be a part of the club’s project, which is one of the most ambitious in Europe. Alongside my new teammates, I intend to continue my progression while helping the team achieve the very big objectives it has set itself.”
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Written by Shorya Panwar
Has 20+ years of experience managing Schalke in Football Manager 2017. Believes wing-backs are the most complete footballers in the modern/evolved football. Writes weird stuff on his personal blog.