Kylian Mbappé has agreed to sign for Real Madrid on £41.6million-a-year & as a free agent in the summer

Real Madrid have agreed an eye-watering £800,000-a-week deal with Paris Saint-Germain star, Kylian Mbappe, according to reports. The Spanish giants have long courted the striker's signature, having a number of bids rejected last summer...

Kylian Mbappe has entered the final six months of his PSG contract

Mbappe, 23, is now eligible to speak to other clubs now that he has entered the final six months of his PSG deal And according to Bild, he has agreed terms on a contract worth a mind-boggling £41.6million-a-year.

Nothing is expected to be announced, however, until after the two sides' meet in the Champions League round of 16. The pair do battle in Paris on February 15, before clashing again in the Spanish capital on March 9.

A pre-contract announcement is then expected to be revealed.

Earlier this season, Real Madrid president Florentino Perez described PSG's decision to turn down his £170m bid for Mbappe last summer as 'madness'.

He told Spanish reporter Ramon Alvarez: "The state owned clubs don’t sell their players. It’s a madness.

"Now we offer €200m (£170m) for a single player and they don't sell him. When players finish their contract it's better."

Mbappe has made no secret of his desire to join Real Madrid.

He told RMC in October: 

"I asked to leave, because from the moment where I did not want to extend, I wanted for the club to receive a transfer fee so that they could bring in a quality replacement.

“This club has given me a lot, I have always been happy [during] the four years I have had here, and I still am.

"I said it early enough so that the club could react.

"I wanted everyone to come out of this stronger, that we leave hand in hand, to make a good deal and I respected that.

"I said, ‘If you don’t want me to go I will stay’.”

Despite transfer speculation, Mbappe has continued to score goals at a prolific rate this season.