KYLIAN MBAPPE SIGNS WITH REAL MADRID, TAKES PAY CUT
Kylian Mbappe has officially joined Real Madrid after ending his seven-year tenure at PSG. The French forward is now set to earn a significant amount from his first contract with the Spanish giants. Here are the details:
Weekly Earnings: Mbappe will earn just over £250,000 weekly after tax in Madrid, which is approximately Rs. 2.65 crore in Indian currency. His annual salary will be £12.8 million (Rs. 136 crore) after tax.
Pay Cut: Interestingly, Mbappe has taken a significant pay cut from his previous earnings at PSG. His last contract at the French club was worth 60 million pounds, which means he has taken almost an 80 percent pay cut to join Real Madrid.
Contract Duration: Mbappe has signed a five-year contract with Real Madrid, tying him to the Santiago Bernabeu until 2029. There are options to extend the length of his contract further in the coming years.
Dream Move: Mbappe’s dream was to play for Real Madrid, and he was willing to sacrifice his wages to join the Los Blancos. The Spanish club also wanted team bonding to be perfect, hence the pay cut was agreed upon1.
Despite the pay reduction, Mbappe remains the club’s top earner, showcasing his commitment to the team. His move to Real Madrid is a significant development in the football world! 🌟🔵⚪
