Paris Saint-Germain post record £317m losses as details emerge of Kylian Mbappe’s bumper contract
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PSG will post record losses of £317 MILLION after details of Kylian Mbappe’s bumper contract emerged…
- Paris Saint-Germain’s record losses are £317 million for the 2021-22 season
- Kylian Mbappe’s staggering £540m contract makes up for most of club’s losses
- The additions of Lionel Messi and Sergio Ramos in 2021 have blown PSG’s accounts
- PSG were unable to relieve their unwanted stars who were left on huge wages
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Paris Saint-Germain will post a staggering £317 million loss to their most recent set of accounts as details of Kylian Mbappe’s giant contract details have been leaked.
The 23-year-old signed a three-year contract extension in May after the French champions successfully convinced him to continue his Ligue 1 adventure.
But Mbappe has quickly become disillusioned with life at the Parc des Princes with reports that he plans to leave the club in January.
Kylian Mbappé signed a new three-year contract with the French champions in May
Mbappé has since become disillusioned with life in Paris and is reportedly looking for an exit
PSG’s transfer activity in 2021 has contributed to the soaring 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 was joined by free agent Georginio Wijnaldum who left Liverpool.
Full-backs Achraf Hakimi and Nuno Mendes traded Inter Milan and Sporting Lisbon for Paris respectively, while then-coach Mauricio Pochettino brought together a star-studded squad.
Despite the need to shorten the roster and players deemed redundant and overpaid, former sporting director Leonardo was only able to sack one player on a permanent deal with Mitchel Bakker making a move to Bayer Leverkusen.
PSG chairman Nasser Al-Khelaifi has seen his club record record losses for the 2021-22 season
According to the French sports daily L’EquipePSG will post a record loss for the 2021-22 campaign, with Mbappe’s blockbuster contract accounting for the bulk of the losses.
Mbappe’s contract is believed to cost the club around £540 million over the course of three years, with a third of the amount [£180m] included in last season’s accounts.
The report also reveals that PSG posted a record £686million income but had to pay UEFA £8.5million in fines due to their losses.
The reigning Ligue 1 champions strengthened their squad again 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 accounts.