Mbappe, whose contract with PSG expires at the end of this season, will be free to negotiate with any club outside France from 1 January but is only understood to be interested in a move to Madrid.
“In January we will have news from Mbappe. We hope that on 1 January everything can be solved,” the Real president told El Debate.
Mbappe admitted this week that he asked to leave PSG in the summer, with Madrid submitting a €160 million bid in the latter stages of the transfer window. That offer was refused by the French club, who still hope to persuade Mbappe to commit to a new long-term contract. The 22-year-old, though, says he is “far” from reaching an agreement to remain in Paris.
“I asked to leave. This club has given me a lot; I have always been happy - the four years I have had here - and I still am. I said it early enough so that the club could react,” Mbappe told RMC.
“I wanted everyone to come out of this stronger. [However], I said, ‘if you don’t want me to go I will stay’.”
Karim Benzema, who is on France international duty with Mbappe, said the move was “only a matter of time”.
“[Mbappe] said it himself,” the striker said. “He wants to see something else. Someday he will play for Real Madrid. I don’t know when. But he will come.”
Register for free to continue reading
Registration is a free and easy way to support our truly independent journalism
By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists
Already have an account? sign in
Join our new commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies