REAL MADRID will wait until the summer to sign Kylian Mbappe for free after PSG rejected their £170million offer, president Florentino Perez has suggested.
The Spanish giants lodged a colossal bid in the summer, which was rejected by PSG despite Mbappe having only a year left on his contract.
Speaking to Spanish journalist Ramon Alvarez, Real Madrid president Perez, 74, criticised PSG's rejection of their offer and made a dig at their ownership.
Perez said: “The state owned clubs don’t sell their players. It’s a madness.
"Now we offer €200m (£170m) for a single player and they don't sell him. When players finish their contract it's better."
Mbappe has made no secret of the fact he wants to join Real Madrid, and reportedly came close to sealing his dream move in the summer.
PSG sporting director Leonardo told RMC back in August: "Kylian Mbappe wants to join Real Madrid and we will NOT hold him back."
But the Parisian club rejected Real's opening offer of £137m, with Leonardo accusing the club of being duplicitous in their tactics to sign the Frenchman.
He said: “It seems like a strategy to try to get a no from us, to show that they have tried everything and to wait for a year to get Mbappe for free.
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"I only know what I said in relation to Madrid's attitude. They have been working on Mbappe for two years, talking to everyone, the family."
He added: “Real Madrid's official offer is very far from what we want for Kylian. It's less than what we paid for him in 2017
"But we're not going to let him go for less than what we paid when we still owe Monaco money."
The club are still holding out hope that they can convince Mbappe to stay beyond the end of the season, despite him rejecting numerous contract offers.
Leonardo said: "We made two important offers to Mbappe: one for the top players in the squad two months ago and one above these players very recently.
"We want to prove to him that he is an important player, at the centre of the project, but not above the project.
"Kylian always promised he wouldn’t leave for free."
If a player wants to go, he goes, but under our conditions.
But as it stands, Mbappe is no closer to signing a new PSG contract and will be free to sign a pre-contract agreement with foreign clubs as of January 2022.
If they lose Mbappe for free at the end of the season, PSG will surely rue not having cashed in on Real Madrid's whopping £170m offer in August.
But as one of the wealthiest clubs in the world, retaining Mbappe this season appears to have become a matter of principle, more than a matter of wealth.
Leonardo said back in August: "For the last two years the behaviour of Madrid has been incorrect, illegal, getting in contact with his representatives, unacceptable, completely incorrect towards us.
"If a player wants to go, he goes, but under our conditions."
PSG is state-owned, after being bought by Qatar Sports Investments, a subsidiary of the Qatar Investment Authority (QIA), back in 2011.
The QIA has an estimated £220billion in assets, meaning that money is no issue for the Parisian club, who have spent a reported £1bn on transfers since 2013.
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