PSG are set to post record losses of £317MILLION after details of Kylian Mbappe’s bumper contract emerged… with arrivals of big-earners Lionel Messi and Sergio Ramos contributing to the staggering figure
- Paris Saint-Germain’s record losses amount to £317m for the 2021-22 season
- Kylian Mbappe’s staggering £540m contract makes up bulk of the club’s losses
- The additions of Lionel Messi and Sergio Ramos in 2021 inflated PSG’s accounts
- PSG were unable to offload their unwanted stars who also influenced high bill
Paris Saint-Germain will post staggering losses of £317million for their most recent set of accounts as details of Kylian Mbappe’s mammoth contract details were leaked.
The 23-year-old signed a three-year contract extension in May after the French champions successfully convinced him to continue his adventure in Ligue 1.
But Mbappe has quickly become disillusioned with life at the Parc des Princes with reports claiming he wants to leave the club in January.
Kylian Mbappe signed a bumper new three-year deal with the French champions back in May
Mbappe has since become disillusioned with life in Paris and is reportedly looking for an exit
PSG’s transfer activity in 2021 has contributed to the ballooned figures with Lionel Messi arriving from Barcelona and Sergio Ramos making the switch from Real Madrid.
Italian goalkeeper Gianluigi Donnarumma also put pen to paper in the French capital and he was joined by free agent Georginio Wijnaldum who left Liverpool.
Full-backs Achraf Hakimi and Nuno Mendes swapped Inter Milan and Sporting Lisbon respectively for Paris, as the then coach Mauricio Pochettino assembled a star-studded squad.
Despite a need to trim the squad and with players deemed surplus to requirements picking up over-inflated wages, former sporting director Leonardo was only able to offload one player on a permanent deal with Mitchel Bakker making a switch to Bayer Leverkusen.
PSG president Nasser Al-Khelaifi has seen his club post record losses for the 2021-22 season
According to French sports daily L’Equipe, PSG will post a record loss for the 2021-22 campaign with Mbappe’s blockbuster contract making up the bulk of the losses.
Mbappe’s contract is believed to be costing the club around £540million over the course of the three-year duration with a third of the amount [£180m] being included in last season’s accounts.
The report also reveals that PSG recorded a record income of £686m but were forced to pay £8.5m to UEFA in fines due to their losses.
The reigning Ligue 1 champions once again bolstered their squad this summer with the arrivals of Renato Sanches, Carlos Soler, Fabian Ruiz, Vitinha and Nordi Mukiele.
However, none of this summer’s arrivals were included in the latest set of accounts.