KYLIAN MBAPPE is set to pocket more than £500MILLION after snubbing Real Madrid to stay at Paris Saint-Germain.

PSG have offered him a three-year deal worth £507million.

Kylian Mbappe is set to become the highest earner in the gameCredit: AFP

He is set to become the highest paid player in the world on a staggering £1.6million per week, or around £80million a year.

It is also claimed that Mbappe, 23, who previously took home £463,000 a week, will pocket a mindblowing £250million signing on fee.

Neymar was the Ligue 1 champions’ highest earner on £850k a week.

It is believed that Real Madrid were confident that Mbappe, 23, would sign for them after agreeing personal terms.

But in a shock U-turn he is set to stay in Paris for more money.

He was expected to announce his decision in a LeBron James-style TV event on Sunday morning before today’s developments.

In 2012, the NBA star revealed his decision to leave the Cleveland Cavaliers for Miami Heat in a TV show named “The Decision”.

L’Equipe claim that the broadcast will begin at 10am BST.

According to ESPN, his power at the club is also set to increase. They report Mbappe said during contract talks that he is not a fan of sporting director Leonardo.

Instead he wants Luis Campos, who he worked alongside while at Monaco.

Even more extreme reports circulated earlier this week that PSG offered Mbappe ownership of their ‘sporting project’.

That would mean handing the attacker influence over who the club appoint as coaches and what to do with players.