The saga following Kylian Mbappe’s new contract, the signing of stars such as Lionel Messi and Sergio Ramos, and agreeing on big salaries for many of the resounding names on the roster – it all leads to negative news when it comes to Paris Saint-Germain finances – the club from Parc des Princes are set to post record losses of 368 million euros.PSG’s transfer activity in 2021 has contributed to the ballooned figures with Messi arriving from Barcelona and Ramos making the switch from Real Madrid – and with the details of Mbappe’s mammoth contract details were leaking, their most recent set of accounts will post staggering losses. According to French sports daily L’Equipe, PSG will post a record loss for the 2021-22 campaign with Mbappe’s blockbuster contract making up the bulk of the losses.##NAJAVA_MECA_6767152##The 23-year-old signed a three-year contract extension in May after the French champions successfully convinced him to continue his adventure in Ligue 1.Mbappe’s contract is believed to be costing the club around 630 million euros over the course of the three-year duration with a third of the amount (210 million) being included in last season’s accounts.But Mbappe has quickly become disillusioned with life at the Parc des Princes with reports claiming he wants to leave the club in January.Full-backs Achraf Hakimi and Nuno Mendes swapped Inter Milan and Sporting Lisbon respectively for Paris, as the then coach Mauricio Pochettino assembled a star-studded squad.Italian goalkeeper Gianluigi Donnarumma also put pen to paper in the French capital and he was joined by free agent Georginio Wijnaldum who left Liverpool.Per leparisien: The contract between Kylian Mbappé and PSG is worth a total amount of 630 million euros gross over 3 years, the biggest ever signed in the history of the sport. pic.twitter.com/jPpjOEy0eW— All Sportz 🏀⚽ (@Allsportztv) October 23, 2022 The reigning Ligue 1 champions once again bolstered their squad this summer with the arrivals of Renato Sanches, Carlos Soler, Fabian Ruiz, Vitinha and Nordi Mukiele. However, none of this summer’s arrivals were included in the latest set of accounts.Despite a need to trim the squad and with players deemed surplus to requirements picking up over-inflated wages, former sporting director Leonardo was only able to offload one player on a permanent deal with Mitchel Bakker making a switch to Bayer Leverkusen.The report also reveals that PSG recorded a record income of 797 million but were forced to pay 10 million euros to UEFA in fines due to their losses.
