At least, that is what Spanish publication Marca is now saying.
It is claimed that Liverpool have offered €75m, the first 'firm' proposal made for 18-year-old Mbappe. You may remember recent reports from Italy of an €85m bid from Manchester United had been rejected, but no such offer ever existed and that was quickly debunked.
Real Madrid have been the club most prominently linked with Mbappe. The youngster shone in the Champions League this season, helping Monaco reach the last four after scoring five goals across last 16 and quarter final ties with Manchester City and Borussia Dortmund respectively.
Marca's story suggests that Monaco will demand in excess of €100m, with the 2015 sale of Anthony Martial, worth up to €80m in time, and last summer's world record €115m deal between Juventus and Manchester United for Paul Pogba dictating the valuation.
Rumours last month even claimed that it would take an offer of at least €120m, possibly even as much as €140m to prise Mbappe away from Monaco, with the principality club keen not to sell.
Earlier this month, Marca actually went as far as saying that Mbappe has told Real officials he would like to join them. Exactly how true such claims are remains to be seen as Los Blancos are well versed in using the Spanish media as a tool to aid their transfer business.