Mbappe’s salary would be €35 million (net)

Indeed, Mbappe will become a free agent in the summer of 2024 as his contract with PSG stands to expire.

So far, the 24-year-old French international has shown no indication of wanting to prolong the partnership even though the Ligue 1 champions are still hoping to convince him to sign a new deal.

And if he decides to not renew with PSG, Real Madrid are considered the best placed to sign Mbappe, with Josep Pedrerol of El Chiringuito TV also providing an update on the possible contract that he would be handed in the Spanish capital.

As per the report, if Mbappe signs for Real Madrid next summer, he will be earning a net salary of €35 million after taxes, which would make him the highest earner at the club.

Will Mbappe join Real Madrid in 2024? (Photo by FRANCK FIFE/AFP via Getty Images)

It is reported that he currently pockets around €90 million per year at PSG, along with significant bonuses and add-ons.

Last chance for Mbappe?

Having tried to sign him in each of the last three transfer windows, Real Madrid will once again make an attempt for Mbappe in 2024.

However, if reports are to be believed, this will be the last chance for the French international to join Los Blancos.

If he opts to renew with PSG or choose a different club next summer, the Merengues plan on moving on from the 2018 FIFA World Cup winner for good.