Real Madrid’s officials met with Kylian Mbappe’s mother, Fayza Lamari, and his lawyer, Delphine Verheyden, to negotiate.
They were already anticipating a campaign to raise the parameters they had agreed on last summer.
However, they did not anticipate such a bold approach.
“If Real Madrid were willing to pay PSG 200m euros for Mbappe last summer, now we want those 200m euros since there’s no transfer fee,” was more or less the message.
However, they did not anticipate such a large-scale undertaking. While such a request may have sounded impossible at first.
It was clear that it was severe, and many weeks of bids and counter-offers ensued.
The signing bonus was later reduced to 130 million euros, yet it remains the largest given to a footballer.
As for the salary, this was also revised upwards from last summer.
When the agreement was 25m euros net per year.
There were also fresh negotiations over image rights, where the percentage had been set above 60%.
According to FIFA data, it is clear that the football industry is changing, as 63% of players who switched clubs in 2020 did so as free agents at the end of their contracts with their previous clubs.
Big stars such as Kylian Mbappe, Erling Haaland, Lionel Messi, Gianluigi Donnarumma and Ousmane Dembele have recently moved as free agents or negotiated deals knowing that their contracts are running down.
Since their new clubs don’t have to pay a transfer fee for them.
They can negotiate higher salaries, substantial signing bonuses and better commissions for their agents.
This is similar to how Haaland has forced Manchester City to include an exit clause in just two seasons’ time.
While this is how Kylian Mbappe could fetch a signing bonus of 130m euros from Real Madrid.
Or he can choose a renewal bonus of 180m euros from PSG.
As the top footballer globally, he has the bargaining power, and he knows it.
Faced with this situation, many in the industry ask FIFA to legislate this issue somehow.
They argue that the money from transfers no longer circulates among the clubs, which weakens the industry.