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this post was submitted on 10 Aug 2023
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This is because Real Madrid are greedy and the world of football refuses to hold them responsible for their financial situation
Eh, why? I was under the impression that this is because PSG owners agreed to a very stupid contract and Mbappé is holding them to it.
He wanted to go to Madrid this year. Madrid would've had to sell some talent but people only wanted their good stuff, so they decided to wait a year.
As a Madrid fan who hasn’t really followed in 10 years, could you explain a bit more? Before I ditched Reddit, my understanding was Madrid was trying very hard to sign Mbappe this year.
What’s going on with their financial situation, and why would Mbappe refuse to leave?
But also note, Madrid are in a massive amount of debt. I can't remember the name, but the previous King liked to write-off their debt and so a certain way of life was established in Spain. Times change and they no longer have that debt being written off every so often, however they kept spending more than they were making and eventually accrued just shy of 1 billion debt. This is one of the reasons they pushed for the Super League, because if the Financial Fair Play rules were ever applied properly, they'd be chucked out of everything.
Anyway long story short, Madrid and Mbappé thought he could join them this summer, but PSG want more than they anticipated and Madrid are unwilling to offload talent to make it happen. Now he can either go to Saudi Arabia or Manchester City and he prefers to wait the extra year.