Mbappe, 25, has now signed terms with Real Madrid and will move to Spain when the La Liga transfer window opens on 1 July.
Madrid are expected to announce the deal next week and could formally present the forward at the Bernabeu before Euro 2024.
Mbappe, a World Cup winner in 2018, is PSG’s record goalscorer with 256 goals since he joined them from Monaco on an initial loan in 2017. He has agreed a deal with Real until 2029, earning 15m euros (£12.8m) a season, plus a 150m euro (£128m) signing-on bonus to be paid over five years, and he will keep a percentage of his image rights.
The Frenchman will get the chance to play alongside Luka Modric, with the Croatian midfielder set to sign a new one-year extension with the club. Modric, 38, came on as a substitute as Madrid won their 15th European Cup title with a 2-0 win against Borussia Dortmund at Wembley on Saturday.
The former Tottenham midfielder’s current deal expires later this month, but he is expected to stay for a further 12 months. German Toni Kroos, 34, made way for Modric with four minutes remaining on his final appearance for the club after 10 years.
Real will hold a trophy parade through the Spanish capital on Sunday night following their record-extending success. Online