Spanish giants Real Madrid have reportedly agreed a world record fee in principle with Monaco for the signing of French forward Kylian Mbappe.
Having recently sold Alvaro Morata and Danilo, and having loaned out James Rodriguez, Real have freed up the necessary funds to move for the teenage sensation. The La Liga and Champions League winners are rumoured to be paying £143.5 million up front plus £17.5 million in add-ons for Mbappe.
According to Spanish newspaper Marca, the 18-year-old Mbappe will sign for six seasons, earning €7 million (£6.2 million) net which translates to £241,000-a-week for a teenager.
Monaco were keen on retaining the French international's services this summer, especially following the sales of Bernardo Silva, Benjamin Mendy and Tiemoue Bakayoko to Premier League clubs.
However, it is believed that a world record fee was too much to turn down from Real as they now look set to negotiate personal terms with the Frenchman.
Manchester City, Arsenal and Paris Saint-Germain were all in contention to land Mbappe, but the forward had his heart set on a move to Real, which will be the likely destination for him.
The Spanish giants have broken the record on six occasions previously. Earlier in 2000, they set a new record after spending £37 million on the purchase of Luis Figo from arch-rivals Barcelona. They beat their own record a year later to sign the now Los Blancos coach Zinedine Zidane for £46m from Juventus.
What's interesting is that 2009 saw the club break the record twice — first by landing Ricardo Kaka for £50 million from AC Milan and then with the £80 million signing of Cristiano Ronaldo from Manchester United. In 2013, Gareth Bale took the record after moving to Real for a reported £85 million from Tottenham Hotspur.
Updated Date: Jul 25, 2017 17:22:24 IST