The French club Paris Saint-Germain (PSG) has rejected a €150 million ($177 million) offer from Real Madrid for their star forward, Kylian Mbappe.

The news comes after reports emerged last week that the Spanish giants were willing to pay such a high fee in order to bring the 22-year-old forward to the Santiago Bernabeu Stadium.

However, PSG have now stated that they will not be selling Mbappe to any other club until the summer transfer window closes on August 31st.

The club has been linked with several high-profile transfers this summer, including the signing of Manchester United's Paul Pogba and Barcelona's Antoine Griezmann.

Mbappe has made over 150 appearances for PSG since joining from Monaco in 2017, scoring 94 goals and providing 66 assists in his time at the club.

He is widely regarded as one of the best young players in the world and has been named in numerous awards and accolades, including being crowned the FIFA World Player of the Year in 2018.

Despite the rejection of the €150 million offer, it remains to be seen whether PSG will be able to secure another top talent to add to their already impressive squad.