Mbappe Taking Flight

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Rumours were circulating last night courtesy of some of the tabloids that Paris Saint Germain’s French superstar Kylian Mbappe was about to hand in a transfer request to the Qatari owners to try and force through a transfer to Real Madrid!

This has followed speculation that has blown hot and cold for months with Los Blancos manager, the French icon, Zinedine Zidane reportedly and unsurprisingly a huge fan of the talented forward. Traders were extremely quick to react to the news and this saw the World Cup winners price rocket by £0.42 a share yesterday! That’s a rise of just under 10% on one of the biggest holds on the Football Index! By far one of the largest rises seen since the share split!

It would be easy to dismiss the rumours as tabloid filler but the Mbappe to Real Madrid link has been lingering for a long time and Los Blancos transfer window appeared to splutter into life yesterday with the announcement and signature of young Serbian striker Luka Jovic (£2.47) from Eintracht Frankfurt for a reported €60 Million with Olympique Lyonnais’ young left back Ferland Mendy (£0.90) looking nailed on to follow Jovic into the club for around €50 Million. The rebuild after a dismal season looks to be well underway particularly when you throw in the expected announcement of a certain Eden Hazard (£4.55) in the coming days and weeks.

If PSG were to sanction such a transfer it would undoubtedly be a new world record transfer fee and Los Blancos will surely need to sell to finance such a deal first. This one looks set to rumble on and on for Media Madness Dividends!

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Introduced to Football INDEX while England were being dumped out of Euro 2016 by Iceland, Jim analyses the market in detail to help Traders enhance their portfolios.

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