Real Madrid to announce France superstar Kylian Mbappe signing imminently - Reports

Spanish club Real Madrid is set to announce the historic signing of France striker Kylian Mbappe imminently, later on Monday (June 3). In the recent few days, there has been a lot of noise on Mbappe joining Madrid, after he announced the end of his stint at Frenchclub Paris-Saint Germain (PSG). Mbappe, who has already agreed terms with Real Madrid on a lucrative transfer, has given his nod to afive-year contract that will see him earn $16.2 million a year after tax.

According to therenowned Italian football journalist Fabrizio Romano, the announcement is set to happen later today -- as confirmed by Mbappe during his meeting with French President Emmanuel Macron. At present, Mbappe isat a training camp with the national team ahead of Euro 2024, where he met Macron, on Monday, and confirmed that the announcement will happen very soon.

It is to be noted that Madrid, who clinched a record-extending 15thUEFA Champions League title on Saturday (June 1), have been long-admirers for Mbappe. The Spanish club have been eager to sign the France captain, however, he wascommitted to a new two-year deal at PSG. Nonetheless, as soon as the 25-year-oldrefused to activate a one-year extension in his PSG contract, Madrid pounced on the opportunity to avail his services (for $16.3 million)at the earliest.

It is to be noted that Mbappe departs PSG on a free transfer (signing-on bonus is 85 million pound). Hence, the French club will be incurring huge losses. PSG will losehuge money on a player for whom they turned down an over $200 million offer from Madrid in 2021.

NO MBAPPE IN FRANCE OLYMPICS SQUAD

Mbappe's dreams of representing France in the forthcoming Paris Olympics also ended on Monday with coach Thierry Henry announcing thatMadrid won't release their 'soon-to-be-announced' star player for the mega event.In a press conference, Henry said, "Real Madrid were really straightforward about the Olympics.The last time I received so many rejections was at the university. There have not even been negotiations. You go, you ask, they say no and you leave."

Notably, the participation of players in the Olympics depends on the policy of the respective clubs that the footballer represents. Thus, Madrid has the sole power to decide Mbappe's Olympics future.

Previously, French President Emmanuel Macron had hoped that Mbappe's club would allow him to play for France in the quadrennial event. Macron stated, "We are going to do everything (to have a competitive team). I have confidence in the French and European clubs, if I may say so if you see what I mean. We have the Euro before, that's the problem. I think the clubs have to play their part if we want to have a great show."

He added, "I have not yet spoken to him [Mbappe] about that, but I hope that his club, in particular, allows it. And the other clubs too."

In addition, Mbappe had expressed his wish to play for the France, however, the youngsteracknowledged that the decision ultimately laywith his 'employers'. In this regard, he had mentioned, “It's my employer who decides. It will be a pleasure to play in them, but if my employer doesn't want to, I will support that decision. I don't think it will take much time to think about it.”