After spending lavishly for nearly a decade, Paris Saint-Germain appear to have revised their transfer philosophy since last summer, with Kylian Mbappe’s retention their first goal. PSG spent 1.25 billion euros on signings between 2011 and 2020, but only 62.5 million euros last year and 76 million euros this summer, with world-class players like Sergio Ramos, Georginio Wijnaldum, and Gianluigi Donnarumma signing on a free transfer.
“The new signings have a winning personality,” said PSG coach Mauricio Pochettino recently.
PSG is looking to extend Mbappe’s contract, which runs through 2022, after renewing the contracts of Keylor Navas, Angel Di Maria, Juan Bernat, Julian Draxler, and Neymar.
According to MARCA, PSG intends to pay Mbappe the same as its other star, Neymar, but they’ll have to sell a few players to make room in their wage cap and comply with UEFA’s financial fair play guidelines.
“The pandemic has had an impact on club finances, and that includes us,” PSG sports director Leonardo said ‘Le Journal du Dimanche’ in 2020.