Kylian Mbappé Transfer Rumors: Real Madrid Won't Pursue Star If He Leaves PSG

The on-again, off-again pursuit of Paris Saint-Germain star Kylian Mbappé is once again off, according to Spanish radio network Cadena SER (via Goal's Peter McVitie).
This comes after Madrid issued a statement addressing recent reports linking them with the French attacker.
"In view of the information recently published by various media outlets regarding alleged negotiations between the player Kylian Mbappé and our club, Real Madrid C.F. would like to state that this information is categorically false and that no such negotiations have taken place with any player belonging to PSG," the club said.
ESPN's Alex Kirkland and Rodrigo Faez wrote it was unclear which story Real Madrid was specifically denying. They cited a report from Marca about the club's interest in signing Mbappé in 2024. Diario AS went so far as to report on potential economic terms (a €35 million annual salary after tax).
This is the longest-running transfer saga in world football.
Reports in July 2017 had Real Madrid paying a world-record fee in order to sign Mbappé from AS Monaco, only for him to wind up at PSG. That did little to quell the speculation, which has only intensified the longer the 24-year-old has called Paris home.
Madrid was reportedly prepared to pay €200 million prior to the close of the 2021 window when Mbappé was entering the final year of his contract. He signed a new deal with Paris Saint-Germain in May 2022, only for rumors of his discontent to surface that October.
The newest development, along with Madrid's statement, might ultimately mean little.
Shortly after Mbappé signed his extension in 2022, Real Madrid president Florentino Pérez downplayed his enthusiasm for the player, saying "this is not the Mbappé I wanted to bring, he is another one, who must have changed his dream." Sure enough, that didn't stop the hypothetical transfer from eventually returning to the fore.
If anything, Real Madrid's statement might have been intended to head off any alleged improprieties should the Spanish giant ever succeed in snagging the 2018 World Cup winner.
Liverpool famously had to abandon a move for Virgil van Dijk during the 2017 summer window due to potentially having had improper communication with the player. That merely delayed the inevitable, but it was a setback for both Van Dijk and Liverpool.
Real Madrid will avoid a similar mistake.