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Kylian Mbappé tells Paris Saint-Germain he won’t renew his contract

Kylian Mbappé will not exercise the option to extend his contract with Paris Saint-Germain when it expires in 2024, opening the possibility that he could leave the club as early as this summer in a transfer.

Mbappé, a 2018 World Cup winner with France, informed the club of his decision in a letter, according to multiple reports Monday. His rights could be sold this summer, with ESPN reporting that PSG chairman Nasser Al Khelaifi is open to letting Mbappé leave for a transfer fee of around $161.5 million. Mbappé had until July 31 to sign a one-year-extension with PSG or renegotiate a longer deal with the team.