Mbappe's contract with PSG is set to expire in the summer, allowing him to engage in pre-contract talks with other clubs since January 1. While the footballer has been linked with various potential destinations, the primary contender in the rumors has been Real Madrid.

The terms of Mbappe's departure are currently under negotiation between the player and PSG. The discussions involve deciding whether Mbappe will leave for a transfer fee or if he will make financial sacrifices to protect PSG's financial interests.

Both parties, PSG and Mbappe, are expected to make an official announcement once the terms are finalized in the coming months. The 25-year-old's potential move to Real Madrid has gained attention, although reports suggest that such a transfer might require Mbappe to accept a pay cut to join the Spanish club.

As the football world eagerly awaits further developments, the impending announcement will undoubtedly shape the landscape of European football and mark a significant chapter in Kylian Mbappe's illustrious career.