Transfer Secret History | Mbappe joins Real Madrid with free agent (Review of the first anniversary)
5:55pm, 3 July 2025Football
When Real Madrid won the 15th Big Ear Cup in the 2024 Champions League final, the southern stands of the Bernabeu had already begun to sing Mbappe's name. The 25-year-old French striker's official announcement ended Florentino Perez's seven-year pursuit. From the dramatic contract renewal in 2022 to the arrival of freedom now, behind this deal is the club's power game, player psychological warfare and cross-league business struggle - the following is the complete inside story that has never been disclosed.
Early in the morning of Madrid in January 2024, in the conference room of the Valdebebas training base, club executives were having fierce debates over Mbappe's transfer. The core concerns of opponents are written in the financial statements: the 1.3 billion euro renovation project of Bernabeu is swallowing up cash flow, and the 130 million euro signing fee and 26 million euro annual salary requested by Mbappe's team will put the salary structure at risk of collapse. The sharper contradiction lies in the locker room ecology - core players such as Vinicius and Bellingham already hold the Champions League trophy, while Mbappe's honor book still lacks the weight of the league championship. This imbalance may destroy the team chemistry that Ancelotti has worked hard to run.
"We have Enderick and Bellingham, why do we have to take this risk?" A director's questioning represents a pragmatic voice. The joining of the 17-year-old Brazilian genius is seen as the answer to the forward line in the next decade, but Florentino's ambitions far exceed the sports level. The "Galaxy Battleship Phase III" planning map was hung on the wall of the president's office, and Mbappe's name was circled in the center by the red marker. In his opinion, signing the World Cup champion striker was a key step in ensuring that Real Madrid maintains brand hegemony when Saudi capital poured into European football.
After the French Super Cup on January 3, Mbappe's speech "Don't delay the decision" was actually a secret signal to Real Madrid. But Paris Saint-Germain Chairman Nasser has long set up an economic defense line - according to the terms of the two sides' 2022 contract renewal, if Mbappe leaves the team early, he will have to give up his loyalty bonus of 20 million euros, and the club has the right to seek "training compensation." This complex arrangement gave Real Madrid's legal team a headache for months, and eventually had to accept the vague statement of "non-free transfer" to avoid triggering the FIFA investigation. A more subtle game takes place at the media level.
When Real Madrid released "unintentional Mbappe" through Le Marca, Paris Saint-Germain released a close-up of the player training before the Champions League. Nasser even called Perez in person, warning that "any private contact will trigger legal proceedings." This secret battle under the surface calm reached its climax on February 13 - when Real Madrid executives received the encrypted information that "Mbappe will officially announce his departure" away from Red Bull Leipzig, Ancelotti was simulating the trident running position of "Mbappe + Vinicius + Bellingham" on the blackboard of the locker room.
Faiza Lamali showed a strong iron fist during the negotiations that impressed Real Madrid executives. The former handball player required all contacts to be crypto software, and even deliberately arrived in Barcelona first to create a vacation illusion when he secretly flew to Madrid in February. This caution peaked in Monaco's away game on March 1 - when Mbappe was replaced and sat alone in the stands, the quarrel between his mother and the Paris Saint-Germain director was photographed by fans, and the Real Madrid PR team was already ready for the official rhetoric of "family watching the game". "Luis Enrique's substitution is punishing the player." Sources from Real Madrid's locker room revealed that the club's think tank deliberately amplified the conflict between Mbappe and Paris Saint-Germain, and even arranged for the scout team to record the player's expressions after each tactical adjustment. This psychological battle climaxed at Paris Saint-Germain's home court on May 12: When extreme fans unfolded the giant banner of "Thank you, Killian", Mbappe's farewell video deliberately skipped Nasser's name, and this subtle humiliation made the Paris president turn blue in the VIP box at the Princes Stadium.
Real Madrid deliberately set the official announcement time 48 hours after winning the Champions League, which is a profound meaning. In the early morning of May 29, 2024, while the front page of the Ass was still celebrating Bellingham's final goal, Florentino's private plane had flown to Mbappe's resort. "We hope that his arrival will become the starting point of the new dynasty." An executive involved in the official announcement and planning revealed that the club even adjusted the lighting test time of the Bernabeu renovation project to ensure that the light and shadow effect of Mbappe's debut ceremony can be comparable to the classic scene of Figo joining in 2000.
Now when Mbappe's No. 7 jersey appears in Real Madrid's store, the business logic behind it is gradually clear: According to the club's financial report, the joining of the French striker will increase the sales of the jersey by 40%, and the portrait rights sharing agreement allows him to obtain 70% of his personal sponsorship income - 20 percentage points more than the Vinicius clause. The amount of "economic compensation" that Paris Saint-Germain finally accepted was never made public, and insiders only revealed that "enough to pay Mbappe's two-year salary". This vague statement lays the groundwork for future legal disputes.
In the Football Museum in Madrid, Mbappe's signing pen is on display alongside 15 Champions League trophys. The city knows very well that signing this genius who has rejected it is not only a victory at the sports level, but also a classic battle run by the club in the Capital Era - when Florentino said at the official announcement ceremony, "He brought Real Madrid closer to the future of football", the white scarf waving in the stands had already written the answer: This is not the end, but the prologue to the new legend of the Galaxy Battleship.
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