Expert transfer Fabrizio Romano informed that Mbappe is currently negotiating a new agreement with PSG.

“In the end he spoke to PSG, which in June and July did not happen.
Kylian Mbappe’s representative is discussing with PSG about an extension.
In addition, the terms related to the potential agreement will also be important, such as the clause allowing Mbappe to leave in 2024.
According to Foot Mercato, Mbappe is prepared to sign a new 3-year contract with PSG that will keep him in Paris until the summer of 2026. However, the contract includes a ‘gentleman’s agreement’ allowing the striker to leave with a transfer fee next summer (2024).

Marca newspaper updated Real Madrid’s pursuit of Mbappe: President Perez decided not to let coach Ancelotti bring in a number 9 to replace Benzema this summer due to betting on the French striker’s gamble.
However, the condition that the Royal Spanish team gave Mbappe was that if he really wanted to play football at the Bernbaeu Stadium, he would definitely not renew with PSG so that Real Madrid could sign a contract with him in January. /2024.