Paris Saint-Germain (PSG) turned down a £137 million (€160m) Real Madrid deal for Kylian Mbape’s transfer.

This is according to PSG sporting director Leonardo Nascimento de Araújo.

Leonardo told RMC Sport that PSG’s stand on Mbappe’s move to Real Madrid was “No”.

“Yes, we said no verbally to Real,” he told RMC Sport adding “No one is being held back. If someone wants to leave and our conditions are met, we’ll see.”

Leonardo said that the offer from Real Madrid was way too less to what Mbappe is worth currently.

“The offer is considered to be a far cry from what Kylian is worth today. We also owe part of this money to Monaco and we consider that the bid is not sufficient.”

PSG sporting director Leonardo Nascimento de Araújo [RFI]

However, PSG will not stop him from leaving but will only allow him to leave on their terms.

“Kylian wants to leave, it seems clear to me. If Real Madrid makes an offer, it seems clear to me… I am taking a position which I think is clear to everyone. If he wants to leave, we are not going to hold him back, but it will be on our terms.”

Mbappe played in all three games for Ligue 1 this season and scored a goal in Friday’s 4-2 win against Brest last Friday.

Mbappe joined PSG from Monaco – both Ligue 1 clubs in France – for £166 million in 2017 and his contract expire next summer.

The 22-year-old France World Cup Winner had expressed his bod to move to Spain and even rejected a contract renewal with PSG.

Mbappe boasts of three Ligue 1 titles and three French Cups at the Parc des Princes.

Kylian Mbappe. [SkySports]

Mbappe Rejects PSG Contract Renewal

Sources at PSG say his contract renewal terms were “more than good” but he still turned them down.

A five-year contract with one additional year was on the table as well as an additional salary. This would make him the third-highest PSG player after Lionel Messi and Neymar.

Mbappe reportedly told PSG Sporting Director Leonardo Nascimento de Araújo that this is not enough.

The summer transfer window is just about to end – there are a few days left to its end.