PSG chairman Nasser Al-Khelaifi has hailed Kylian Mbappe's new contract as a 'milestone' for the club, with the forward signing up for another three years at the Parc des Prince.
Mbappe had been widely expected to sign with Real Madrid this summer as a free agent, however in a rather shocking turn of events, he has opted to stay at PSG.
Speaking in a press release on the club's official website, Al-Khelaifi said: "Kylian's commitment to PSG represents an amazing milestone in the history of our Club, and a wonderful moment for our fans around the world.
"Since the day Kylian joined our family, he has achieved greatness beyond his years on every single stage. In committing to PSG, he will be the foundation of our Club’s future both on and off the field.
"I am incredibly proud and very happy – for Kylian, for our fans, and our entire PSG family worldwide – that we will continue our wonderful journey together. For our fans and our club, the greatest chapters of our future lie ahead.”
The player himself was similarly enthused, stating: "I would like to announce that I have chosen to extend my contract at Paris Saint-Germain, and of course I am delighted. I am convinced that here I can continue to grow at a club that provides everything necessary to perform at the highest level. I am also delighted to continue to play in France, the country where I was born, where I have grown up and where I have made my name.
"I would like to thank the President, Nasser Al-Khelaïfi, for his trust, his understanding and his patience. I would also like to thank all the fans of Paris Saint-Germain, both in France and around the world, for their support, especially in recent months. Together, side by side and ambitious, we will make magic in Paris.”