Sport

Kylian Mbappé Will Stay at P.S.G., Rejecting Real Madrid

Paris St.-Germain has convinced Kylian Mbappé to sign a new contract, one of the richest in soccer history, that will keep the French striker in Paris as he pursues a second straight World Cup with France and attempts to end the club’s string of failures in the Champions League. His decision ended Real Madrid’s hopes of luring Mbappé, arguably the best young player in the world, to the most successful team in European soccer.

Real Madrid, a 13-time European champion, had made Mbappé a contract offer that would have made the 23-year-old forward the highest paid player in its history.

Its offer included a signing bonus of almost $140 million, a salary of more than $26 million every season and complete control over his image rights. But P.S.G., the perennial French champion that is bankrolled by gas-rich Qatar, prevented him from leaving as a free agent by offering even better terms. P.S.G. offered a similar fee to sign but a far higher base salary.

The club is expected to announce the signing as soon as tonight. Mbappé told Madrid on Saturday that he would not be coming.

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