PSG is preparing to sell the player for a lower price next summer following the lack of progress in negotiations to renew his contract with French striker Kylian Mbappe, whose contract expires next season.
The French club are set to sell the 22-year-old to the club for between 102 million and 127 million, according to the latest reports released by French media in Paris.
Mbappe, currently one of the most valuable footballers in the world, was acquired by PSG from Monaco four years ago for 180 million. If the French media reports are correct, PSG is ready to sell the current embassy at a much lower price than that transfer amount in the Summer Transfer window.
Many clubs, including Real Madrid, are interested in acquiring Mbappe.
But due to the financial crisis caused by Covid 19, many clubs are unable to pay the transfer amount that Mbappe had previously paid PSG. The PSG transfer is expected to be cut short as Mbappe, who has only one year left on his contract, will lose his player on a free transfer next summer if he is to be retained in the squad.
The rise of Borussia Dortmund star Erling Halland also hampered PSG's transfer moves. The big clubs in Europe are currently focusing on acquiring Halland as the transfer fee is lower than that of Mbappe.
With PSG reducing the transfer value of Mbappe and increasing the transfer fee for Dortmund Halland, clubs may prefer the Frenchman.
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