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Mbappe will change his stance on future only if Real Madrid make an offer

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Photo courtesy: Getty Images

Real Madrid aim to sign Kylian Mbappe as the crown jewel to their already star-studded squad. Florentino Perez dreams of the superstar donning the white colours and will work to any end to make it a reality.

Los Blancos have thus been working on the objective for several years now. However, the move has never appeared closer than it does now.

Earlier this summer, Mbappe publicly announced that he would not renew his contract in France. With less than a year remaining on his deal, PSG are doing everything in their capacity to push the player out.

According to reports from AS, the youngster’s family has started preparing for the possibility of a departure this summer since last week.

The player has stated that he wishes to see out his contract in France and leave as a free agent. An offer from Real Madrid could change his mind, although the Merengues have made no bid yet.

The destination never in question

PSG’s desperation to sell Mbappe led to them opening talks with several suitors across the globe.

From Al Hilal in Saudi Arabia to Chelsea in England, there has been no shortage of suitors at the World Cup winner’s doorstep.

However, Mbappe dreams only of wearing the Real Madrid crest. It is his childhood dream that he is now on the verge of completing, and nothing, it appears, can make him sign for another club.

How long will the soap opera go on?

The story of Kylian Mbappe to Real Madrid has been in the headlines this summer for over a month now. However, not much has come from it despite the player being dropped from PSG’s plans.

Real Madrid hope that delaying an official bid will pressurise the Ligue 1 champions to sell their star for a lower fee. After all, they do not have much leverage over the player given his contract expires next summer.

Los Blancos are expected to make a bid for the player on or after August 15th and hope to incorporate him into their plans at the earliest.

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Real Madrid News

Real Madrid achieve historic milestone, becomes first football club in the world to do so

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Photo by PIERRE-PHILIPPE MARCOU/AFP via Getty Images

Real Madrid recently shared their financial report for the 2023-2024 year, revealing impressive figures. 

The club achieved an operating income of €1.07 billion before considering the sale of fixed assets. This milestone makes Real Madrid the first football club globally to surpass €1 billion in operating income.

For the 2023/24 season, Real Madrid’s revenue, excluding player transfers, reached an impressive €1.07 billion. This amount represents a significant increase of 27% compared to the previous year. 

This data, available on the club’s official website, highlights the club’s financial growth and successful management strategies.

There is more to it

The financial year ended on a high note with the club recording a profit after tax of €16 million. This is a notable increase of 32% compared to the previous year’s profit of €12 million. 

“The club thus maintains the path of profits achieved year after year since the beginning of the century,” read a statement from the team

“All within an economic context characterized by widespread and very significant losses accumulated in the period 2019/20 to 2022/23 by the vast majority of the most relevant European clubs, losses that also persist in quite a few clubs in the 2023/24 financial year,” it added.

Real Madrid also maintained a strong financial position, boasting a net worth of €574 million. This solid financial standing underscores the club’s stability and efficient financial planning.

Real Madrid have exceeded €1 billion in revenue. (Photo by PIERRE-PHILIPPE MARCOU/AFP via Getty Images)

In terms of contributions to tax and social security revenues, Real Madrid made substantial contributions amounting to €277.1 million during the 2023/24 financial year. 

This significant contribution reflects the club’s role in supporting the broader economy and its compliance with financial obligations.

Real Madrid also made considerable investments during the 2023/24 financial year, recording an investment of €270 million. This amount includes the financial costs capitalized during the construction period. 

“All business lines have registered growth, except for broadcasting, where the income received from the League in 2023/24 has been lower than in 2022/23.”

By the end of June 2024, the club’s total accumulated investment reached €1,163 million. This level of investment showcases the club’s commitment to growth and development, ensuring it remains competitive on and off the field.

“During the 2023/24 financial year, the debt has increased by €55 million as a result of the investments made (€267 million, excluding the remodelling project). 

“Among these investments, the investment in players of €239 million and the start of the construction of the Paseo de la Castellana car park, where €16 million have been invested, stand out in particular,” he explains.

“The debt/EBITDA ratio stands at 0.1, which represents maximum credit quality for financial institutions,” the statement added.

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