Former Real Madrid president Lorenzo Sanz has warned against paying over the odds for PSG whiz Kylian Mbappe.

Sanz's tenure in charge at Madrid ran from 1995 to 2000.

And he remarked on Radio Marca: "I wouldn't spend half a [new Estadio Santiago] Bernabeu on Mbappe.

"You're negotiating with a team that only has money. The world won't end if Madrid don't sign Mbappe."

Sanz added: "This is a year of transition wherein Madrid won't win anything.

"But we mustn't forget that we went 32 years without the Champions League. It's very difficult to win."