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PSG signs Mbappe from Monaco

The 18-year-old striker has followed in the footsteps of Neymar by joining the Parc des Princes side, and signs from Monaco initially on a loan deal

Paris Saint-Germain have completed the signing of attacker Kylian Mbappe from Ligue 1 rivals Monaco.

Mbappe, 18, arrives initially on a season-long loan, but PSG have an all-but-certain-option to buy him next summer on a deal lasting until 2022.

Sources have told ESPN FC that the deal will be €180 million plus bonuses, making it the second-highest deal of all-time after PSG's €222m signing of Neymar from Barcelona earlier in the summer.

The only way PSG will not be obliged to buy Mbappe next summer is if they are relegated from Ligue 1, sources said.

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The loan may allow PSG time to stay within financial fair play (FFP) regulations, which allow a club only a €30m deficit. Following their record Neymar purchase, PSG wanted to structure their deal for Mbappe so the financial impact of his arrival would not be taken into account this season.

Paris Saint-Germain are thrilled to announce the signing of Kylian Mbappé!    #BienvenueKylian

"It is with great joy and pride that I join Paris Saint-Germain," Mbappe said in a statment. "For any young person from the Paris region, it is often a dream to wear the red and blue jersey and experience the unique atmosphere of the Parc des Princes.

"I really wanted to be a part of the club's project, which is one of the most ambitious in Europe. Alongside my new teammates, I intend to continue my progression while helping the team achieve the very big objectives it has set itself."

Mbappe made his name on the international footballing scene last season as part of a Monaco side that coach Leonardo Jardim led to the Ligue 1 title and the Champions League semifinals.

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The striker, who did not become a regular starter under Jardim until the second half of the season, scored 15 goals and added a further eight assists from just 29 Ligue 1 appearances, starting 17 of those.

Mbappe added a further six goals from as many Champions League outings -- just three starts -- plus three goals from three Coupe de la Ligue appearances and two goals from three Coupe de France outings, making a total of 26 goals and eight assists from 41 appearances.

Monaco moved to reinforce their attack this week with the signing of forward Stevan Jovetic from Inter Milan and winger Keita Balde from Lazio.

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