The future of football star Kylian Mbappé has been a topic of intense speculation, and it all seems to hinge on a pivotal date: 1st August.
1 August holds critical significance in defining the young Frenchman’s destiny, as it marks the expiration of the unilateral renewal clause until 2025, a clause he had declared he would not activate. On this same day, Mbappé is entitled to receive €40 million, half of the 80-million-euro loyalty premium guaranteed in his contract.
PSG finds itself in a state of bewilderment over Kylian Mbappé's decision. Surprisingly, there was no legal imperative for him to dispatch any correspondence, for as of August 1st, non-renewal is a foregone conclusion. 🔴🔵 #PSGpic.twitter.com/Egp2OThWbk
The PSG calendar highlights this day in red, signaling the team’s stance that they will not allow Mbappé to leave for free if he does not renew. But unlike in previous negotiations, this time the player holds the upper hand, and it appears unlikely that his future will be decided before the transfer deadline day.
Kylian Mbappe saga: as per @marca tomorrow there could be a meeting to decide the fate of Kylian Mbappe and whether stays or leaves..if he leaves RM are in pole position..regardless the situation will be resolved by 1st August as then Kylian can choose whether to renew or not
Paris Saint-Germain will be forced to pay him half of the loyalty premium without any certainty about his future, giving Kylian Mbappé the leverage he needs to hold out for another year to secure his desired emoluments.
🔘Not triggering the extension clause before 1st August midnight effectively meant his deal expired in June 2024 (meaning there was absolutely no need for the letter).
This unique situation creates an intriguing dilemma for clubs interested in signing the talented forward, especially Real Madrid, who are at the forefront of the race.
Any club aiming to acquire Mbappé’s services must not only bear an astronomical transfer fee but also shoulder the responsibility of the loyalty bonus, a sum the determined Frenchman refuses to relinquish under any circumstances. Waiting until August 1st provides a strategic advantage, as only half of the premium needs to be paid from that point onwards, significantly reducing the financial burden.
Real Madrid ended the 2022/2023 financial year largely in the green zone and has significant financial resources to sign Kylian Mbappé this summer.
For Real Madrid, the situation is both promising and challenging. They recently announced robust financial results, boasting a substantial cash reserve of €128.2 million and access to unexecuted credit lines worth €265 million.
This financial muscle positions them well to pursue the historic operation that Mbappé’s transfer represents, a move that could surpass the record-breaking €222 million PSG paid to Barcelona for Neymar.
.@DanielRiolo: "Kylian Mbappé will stay at PSG, Real Madrid cannot afford a transfer this summer. An extension between the player and PSG for a short period cannot be ruled out either." pic.twitter.com/cx4XHEPzIv
The days leading up to August 1st are filled with anticipation and speculation. PSG has given Mbappé a strict deadline to extend his contract, warning that if he doesn’t comply by the end of July, they will put him up for sale to avoid losing him on a free transfer next year. The player’s loyalty to PSG for the upcoming season adds an intriguing twist to the saga.
