Real Madrid have pulled out of the race to land PSG star, Kylian Mbappe this summer, with the young striker now expected to see out the remainder of his contract at the end of the season.
Having originally been confident that a deal could be reached, the Spanish side would not concede to PSG’s demands for a fee of €200 million (£175m/$235m).
The Spanish giants had been confident that the second bid would be enough to land the 22-year-old superstar, who has made it clear he wants to move to Madrid.
However, with PSG standing firm, it now seems unlikely a deal can be agreed before Tuesday’s transfer deadline, meaning Mbappe will remain at Parc des Princes – where he will line up alongside Lionel Messi and Neymar.
The former Monaco striker has turned down no fewer than six contract renewal offers from PSG – and with his current deal expiring at the end of the season, the French club run the risk of losing him for nothing.
Real Madrid only have to wait until January to open negotiations with Mbappe, who can then sign a pre-contract agreement to join them on a free transfer next summer.
Despite the transfer speculation, Mbappe started for PSG against Reims in Ligue 1 on Sunday and scored both goals in the 2-0 win.