Real Madrid has categorically denied rumours suggesting that they are in negotiations with PSG superstar Kylian Mbappe.

Reports from Spanish outlet AS had previously claimed that the French World Cup winner had agreed to forfeit around €100 million (£87 million) in loyalty bonuses that he would have been entitled to, potentially alleviating PSG's concerns about losing him for free in the summer of 2024.

While there have been previous reports suggesting that Mbappe had tentatively agreed to join Real Madrid, the Spanish club has consistently refuted such claims.

"Given the information recently issued and published by different media outlets, in which there is speculation about alleged negotiations between the player Kylian Mbappé and our club, Real Madrid CF would like to state that this information is completely false and that no such negotiations have taken place with a player who belongs to PSG," read a club statement.

Mbappe extended his contract with PSG for an additional year during the summer.

Nevertheless, it was revealed that the last year of that contract is discretionary, granting him the option to depart in 2024 instead of 2025.

Notably, clubs like Liverpool and Real Madrid have been associated with the French star, suggesting that this protracted transfer saga is far from over.