Kylian Mbappe will join Real Madrid on a massive signing-on fee.
The PSG striker will join Real officially on July 1 when his current deal expires.
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Real Madrid have announced Mbappe will sign a five-year contract.
Mbappe, 25, has been on €25m-a-year net in Paris and will earn €15m net a season at Madrid. It will still make him Real’s top earner despite the huge pay-cut.
However, making up the shortfall will be his €100 MILLION signing-on fee and agreement with Real president Florentino Perez that he will take home a 80-20 cut of his image rights - a first for the club.
Mbappe will wear the No9 shirt next season before taking the No10 from Luka Modric when he departs Real the following season.