Paris Saint-Germain immediately turned down Real Madrid's €160-million offer for Kylian Mbappe and warned the Spanish giants they'd refuse an even higher bid in the future, according to ESPN's Julien Laurens.

Mbappe only has one year remaining on his contract and reportedly rejected at least three different proposals from PSG.

PSG chairman Nasser Al-Khelaifi previously said Mbappe has "no reason" to leave the club and pointed to Lionel Messi's addition as proof of the team's competitiveness.

But unlike Neymar – who agreed to terms in May on a new four-year contract worth around €30 million per season – Mbappe has taken his time to determine his next step. The 22-year-old said in January he would only make a long-term commitment to PSG if he were to re-sign.