Mbappe, with less than a year on his current contract, will be able to sign a pre-contract with Real Madrid in January.
It is either a boneheaded decision or an ego trip to reject a bid of €220 million for a player who has less than 12 months to run on his contract.
For anybody that can string a sentence or two in football, there is no logic, nor does it make economic sense to turn down a bid of that magnitude. Not with the paucity of funds occasioned by the Covid-19 pandemic.
The decision to let the 22-year-old forward sit on his contract with the hope of convincing him to renew is a clear indication of the eggheads in Paris going nuts.
Money talks in football, but heritage matters, and the chances of convincing Mbappe to commit to PSG gets slimmer by the day.
According to multiple reports, Mbappe made it clear he wanted to leave this summer.
One thing is clear and it is the fact that the Frenchman is frustrated at PSG's refusal to negotiate a move to Real Madrid.
A frustrated Mbappe
Kylian Mbappe cut the look of a frustrated man as he struggled to lead the line when Les Bleus took on Bosnia Herzegovina in a FIFA World Cup qualifying tie.
The 22-year-old World Cup winner has held a long term dream of playing for Real Madrid and had worked towards actualizing the dream. With his contract expiring next year, he has come under pressure to renew with the Parisian giants.
The mercurial youngster has turned down several offers with the hope of convincing the club that he wants to leave. Still, his adamant stand has not convinced the Qatari owners to let him depart the club.
The latest offer to Mbappe was for €45 million net plus a huge sign-on bonus, but the Frenchman still refused to commit his future to PSG. Spanish outlet Marca, via The Express, now claim that the youngster is not pleased with the club's handling of his contract situation.
Real Madrid's Mbappe campaign
Real Madrid made concerted efforts to convince PSG to let Mbappe join the Spanish club.
The Spanish club made the first bid of €160 million, but PSG were unimpressed. Los Blancos returned with an improved offer of €170 million. They believed it would convince the Paris club, but they remained adamant about their stand.
The hardball PSG played showed that they were not interested in losing Mbappe for any amount. A final deadline day offer of €220 million arrived, and PSG still failed to respond to it before the Spanish giants walked away with nothing but instilled pride in their efforts.
Financial Fair Play in the bin
It defies football logic to refuse a record bid of €220 million for a player in the final year of his contract, but maybe PSG aren't logical.
The money PSG are paying as salaries make nonsense of the Financial Fair Play (FFP) rules.
How PSG have kept within FFP regulations bogs the mind but we'll see what becomes of all that in the months to come.