Real Madrid have announced the signing of Kylian Mbappé from Paris Saint Germain on Monday.

“Real Madrid CF and Kylian Mbappé have reached an agreement for him to be a Real Madrid player for the next five seasons,” the club said in a statement on Monday.

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Mbappé joins as one of soccer’s most iconic players and will have a contract to match that status. AS claim that he will earn €15 million ($16.3 million) per season, in addition to 80% of any image rights income.

Mbappé has ended a seven-year stint in Paris, where he scored 256 goals in 308 games, winning six Ligue Un titles in the process, and he will now test his talents outside of his home country for the first time as he moves to Spain to play in La Liga.

Interestingly, Paris Saint-Germain will not receive any transfer fee as Mbappé’s contract in the French capital had expired.

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