Real Madrid closing in on £161m world record deal for Monaco’s Kylian Mbappé

Real Madrid believe they are close to smashing the transfer world record for the 18-year-old France striker Kylian Mbappé, after reportedly reaching the basis of an agreement with Monaco that would see him head to the Santiago Bernabéu for a total fee of €180m (£161m). Monaco, though, have denied that they have agreed to the deal.

A deal worth €160m plus a further €20m in objectives in principle has been accepted, reportedly. Although Monaco denied the reports, sources at the Spanish club insist they are optimistic that a definitive deal is close. Mbappé would join on a six-year deal worth around €7m a year.

Madrid have raised over €100m in sales this summer, with Álvaro Morata joining Chelsea and Danilo signing for Manchester City, while James Rodríguez has gone to Bayern Munich on loan.