PSG post record £317m losses as details emerge of Mbappe's bumper contract

Paris Saint-Germain will post staggering losses of £317million for their most recent set of accounts as details of Kylian Mbappe's mammoth contract details were leaked.

The 23-year-old signed a three-year contract extension in May after the French champions successfully convinced him to continue his adventure in Ligue 1.

But Mbappe has quickly become disillusioned with life at the Parc des Princes with reports claiming he wants to leave the club in January.

PSG's transfer activity in 2021 has contributed to the ballooned figures with Lionel Messi arriving from Barcelona and Sergio Ramos making the switch from Real Madrid.

Italian goalkeeper Gianluigi Donnarumma also put pen to paper in the French capital and he was joined by free agent Georginio Wijnaldum who left Liverpool.

Full-backs Achraf Hakimi and Nuno Mendes swapped Inter Milan and Sporting Lisbon respectively for Paris, as the then coach Mauricio Pochettino assembled a star-studded squad.

Despite a need to trim the squad and with players deemed surplus to requirements picking up over-inflated wages, former sporting director Leonardo was only able to offload one player on a permanent deal with Mitchel Bakker making a switch to Bayer Leverkusen.

According to French sports daily L'Equipe, PSG will post a record loss for the 2021-22 campaign with Mbappe's blockbuster contract making up the bulk of the losses.

Mbappe's contract is believed to be costing the club around £540million over the course of the three-year duration with a third of the amount [£180m] being included in last season's accounts.

The report also reveals that PSG recorded a record income of £686m but were forced to pay £8.5m to UEFA in fines due to their losses.

The reigning Ligue 1 champions once again bolstered their squad this summer with the arrivals of Renato Sanches, Carlos Soler, Fabian Ruiz, Vitinha and Nordi Mukiele.

However, none of this summer's arrivals were included in the latest set of accounts.