The France international has less than a year remaining on his current deal and has ruled out the possibility of signing an extension.
Ligue 1 champions PSG have little intention of losing their prize asset for nothing in 12 months’ time and believe the 24-year-old has already agreed a deal with a rival club to leave this summer.
Real, however, would prefer to wait until next year to sign Mbappe on a free but the possibility of PSG sparking a bidding war could prompt them to take decisive action this month.
A clutch of Premier League teams would no doubt test the waters with reports last month claiming that Arsenal would be Mbappe’s preferred destination should opt for a move to England.
Kylian Mbappe’s club after the summer transfer window odds
Real Madrid 11/4
PSG 6/4
Any Saudi Pro League club 9/1
Man Utd 16/1
Man City 16/1
Liverpool 20/1
Arsenal 25/1
* Odds supplied by Paddy Power
Manchester City boast the financial resources to be able to secure Mbappe’s services and their is a gap in their squad given the impending departure of Riyad Mahrez.
I’ think many things are going to happen,’ said Guardiola on Saturday when asked to predict how his squad could look come the end of the window. I cannot answer. I want the best for my players.’
PSG’s owners, meanwhile, delivered an ultimatum to Mbappe last month, with Nasser Al-Khelaifi saying: ‘My position is very clear, I don’t want to repeat it all the time.
‘If Kylian wants to stay, we want him to stay.
‘But he needs to sign a new contract. We don’t want to lose the best player in the world on a free. That’s impossible.
‘He had said that he would never leave on a free. It’s not my fault that he’s changed his mind now. We don’t want to lose the best player in the world for free. That’s very clear.’
MORE : Kylian Mbappe ‘up for sale’ as he’s left off PSG’s pre-season tour of Japan
MORE : Kylian Mbappe reacts to Christopher Nkunku finally completing his first Chelsea training session
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