Real Madrid will attempt to sign Paris Saint-Germain forward Kylian Mbappe once more this summer; the club has given the forward until that date to determine whether or not to join.

Mbappe will enter the last half of his PSG contract on January 1, at which point he will have the liberty to engage in negotiations with alternative clubs in anticipation of a possible free transfer.

Real Madrid are confident that they have gained insight from their error that occurred in the summer of 2022, when they were close to signing the Frenchman but he instead agreed to a new contract with PSG.

The La Liga club has explicitly informed the 25-year-old that he must reach a resolution by mid-January if he wishes to join.

Certain members of Real Madrid felt betrayed when Mbappe renewed his contract with PSG in May 2022. Notwithstanding this, correspondence between the two entities has not entirely ceased, as reported by The Athletic in January 2023.

However, the agreement that was discussed in 2022 is probably going to differ at this time.

Real Madrid’s purchasing power in the transfer market has been constrained by the escalating expenses associated with the renovations at the Santiago Bernabeu. The club’s primary objective is to generate annual profits, which it even managed to accomplish amidst the pаndemic.

Additionally, the club is mindful of maintaining order in the locker room. Real Madrid has historically sought to maintain wage budget control, and Mbappe’s expected transfer fee would be more than double that of the club’s current players, a matter that is invariably delicate behind closed doors.

For example, Jude Bellingham disclosed to his teammates that he declined more lucrative offers to join Real Madrid last summer. Mbappe would probably have to take a comparable approach, as Aurelien Tchouameni did in 2022.

From head coach Carlo Ancelotti, who recently extended Mbappe’s contract until 2026, to players such as Vinicius Junior, who engages in social media correspondence with Mbappe, all at Valdebebas desire his presence to bring vigor to the group. It is uncertain whether they will obtain their desired outcome.

Despite recent setbacks, Mbappe maintains direct communication with Real Madrid president Florentino Perez, who continues to be an enormous supporter of his acquisition. However, should negotiations advance, they will be overseen by Real Madrid’s general manager, Jose Angel Sanchez, Fayza Lamari, Mbappe’s mother, and lawyer, Delphine Verheyden. Equally uncertain is the participation of an intermediary, as was the situation in 2021 and 2022.

At PSG, the current consensus is that Mbappe may decide to prolong his tenure in Paris once more. Some Parisians are skeptical that Real Madrid will be able to provide Mbappe with the financial bundle he desires.

The French club feels adequately protected, both monetarily and athletically, in the wake of the events of July and August; however, they remain resolute in the face of an unpredictable situation and would not be surprised by any outcome.

Mbappe was added to the “loft” (a group of players not considered for the first squad) last summer and subsequently omitted from PSG’s preseason tours of Japan and South Korea.

The Ligue 1 champions placed him up for auction, believing he would allow his contract to expire and then transfer freely to Real Madrid in the summer of 2024.

In addition, Saudi Arabian club Al Hilal made a world-record offer of €300 million, and the French club granted them access to Mbappe prior to his eventual “reinstatement” into the first team.