PSG and Kylian Mbappe reach a "gentlemen's agreement"

Kylian Mbappe is still a PSG player, but the Frenchman has not renewed his contract. This would be because the player and club would have reached a "gentlemen's agreement".
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L'Equipe's latest information states that Kylian Mbappe has agreed to forgo a substantial loyalty bonus with PSG, as he remains in a state of uncertainty regarding his future.

Earlier this summer, Mbappe formally communicated to PSG in writing that he would not extend his current contract until 2025, resulting in his exclusion from the team. This move by the Parisian club aimed to prevent the possible departure of one of the world's most valuable players on a free transfer. Surprisingly, Mbappe returned to the PSG first team last month, even though formal contract negotiations for a new deal have not yet started.

L'Equipe suggests that Mbappe has provided financial assurances related to relinquishing a substantial loyalty bonus for the current year. This bonus is estimated to be in the range of €60-80m for the player. However, for PSG, not paying this bonus would result in savings exceeding €100m in total expenses.

This financial aspect played a pivotal role in convincing PSG's chairman, Nasser Al-Khelaifi, to allow Mbappe back into the team and possibly reconsider his contract situation. The savings generated by forgoing the bonus would be approximately equal to the potential transfer fee PSG could have received if they had sold the player during the recent summer transfer window.

It is important to note that this agreement is informal and is characterized as a 'gentleman's agreement' between the parties involved. Consequently, it remains subject to modification, theoretically allowing for adjustments should circumstances change in this evolving situation.

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