Kylian Mbappe announces decision to sign a new three-year deal with PSG and REJECT Real Madrid

PSG superstar Kylian Mbappe has confirmed he will sign a new three-year deal with the club and put an end to his ongoing contract saga.

The 23-year-old has been the topic of debate in recent weeks as to where he'll be playing his football next season - with his current deal in France coming to an end in the summer.

Despite Real Madrid matching the terms offered by his current club, Mbappe has announced his decision to commit his future to PSG.

Following the Frenchman's decision, La Liga have written an extraordinary statement detailing their intentions to report PSG's actions to UEFA and the French authorities.

The Spanish league claim that they will file a complaint as they believe the terms of Mbappe's new contract at PSG 'threatens the economic sustainability of European football.'

Los Blancos had made their interest in Mbappe clear last summer when they submitted a final bid of £154million for the Ligue 1 top scorer, in an attempt to pry him away from Paris.

Though the club rejected the proposal, it was widely anticipated that the French star would join Carlo Ancelotti's side a year later after he refused to re-new deal at PSG.

However, Mbappe has made a shock turnaround in his contract saga and has now announced his decision to sign a new three-year deal at the club.

The news may not come as a surprise to some, with Madrid boss Florentino Perez already informing his squad on Friday that Mbappe would not be joining the side, Spanish football expert Guillem Balague claimed to have been told by a source.

Balague appeared to suggest that Madrid and PSG were both willing to pay Mbappe a signing on fee of €150m - around £126.7m - alongside wages and bonuses.

Mbappe's mother, Fayza Lamari, seemed to confirm this on Friday that the 23-year-old had concluded discussions with both clubs over 'almost identical' offers.

Lamari told Kora Plus: 'Now we have found an agreement with both Real Madrid and PSG and the discussions are over because it is Kylian who has to choose now.

'The two offers, that of PSG and Real, are almost identical. At Real, my son will have control of his image rights. We will now await his decision.

'In the Real Madrid offer we have full power of image rights, on the other hand there is an economic balance that rewards this thing. In short, there is no difference between the two - they are similar.'

A report on Thursday said that the French champions had offered Mbappe £4m-a-month and 'complete control' of the club's sporting project.

The World Cup winner has only been at PSG since 2017 but he already boasts an impressive goal tally of 168 - just 23 goals behind Edinson Cavani in the all-time top scorers list for the French giants.

During his time in Paris he's won four Ligue 1 titles and three Coupe de France trophies, as well as being crowned the UNFP Ligue 1 Player of the Year for the 2021/22 campaign.