Mbappe had been excepted to leave since refusing to sign a contract extension at the club and could now join the likes of Cristiano Ronaldo and Karim Benzema in Saudi Arabia.
According to the Daily Mail, PSG will now allow the Saudi club to speak to the 24-year-old, who was left out for their pre-season tour of Japan and South Korea.
News of the bid first filtered through earlier on Monday, and PSG were always likely to accept it as president Nasser Al-Khelaifi has no intention of losing him for free in 2024.
If completed, the deal will eclipse Neymar’s £198m move from Barcelona to PSG as the most expensive transfer in football history.
The offer on the table would reportedly see Mbappe earn a staggering £600 million in one year.
It remains to be seen if the striker will accept the deal, though, as he has long been keen on a move to Real Madrid.
Mbappe came desperately close to joining Carlo Ancelotti’s side in 2022, before performing a sensational U-turn and staying at PSG.
He has continued to be linked with the Spanish giants, and PSG believe he has already agreed to join them for free in 2024.
The move to Saudi Arabia could provide a compromise, with PSG getting a lucrative transfer fee, and Mbappe still moving to Madrid in 12 months’ time if they can meet his release clause.
But Mbappe’s future may not be at either Al-Hilal or Real Madrid, as at least five clubs reached out to PSG over the weekend to register their interest in the attacker, according to Sky Sports.
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