PSG Transfer News: Latest Kylian Mbappe and Pepe Reina Rumours

Paris Saint-Germain are reportedly in negotiations with AS Monaco over a £166 million deal to sign Kylian Mbappe, but the Ligue 1 side are said to want to sell the striker to Real Madrid.

Per Jason Burt at the Daily Telegraph, Mbappe wants to move to PSG and Unai Emery's side are exploring the possibility, having previously assumed they could not complete the deal due to financial fair play restrictions.

The club confirmed the arrival of Neymar from Barcelona earlier in August, with the Brazilian joining in a world-record £200 million deal, per BBC Sport.

In order for PSG to sign Mbappe, Burt reported they would need to raise £92 million in sales before the transfer window's closure on Thursday in order to comply with FFP, but they could also include a player in the deal.

Mbappe scored 24 goals last season in all competitions, and WhoScored.com neatly illustrated the threat he possesses:

According to Sky Sports News' Kaveh Solhekol, PSG are also reportedly ready to offer Mbappe a huge financial package that is far superior to that offered by Madrid:

Mbappe has not featured in Monaco's past two games, against Metz and Dijon, but he has been included in the squad to face Olympique de Marseille on Sunday, per BBC Sport.

Nick Harris at Sporting Intelligence is confident PSG will find a way to sign Mbappe this summer and gave his view on what that says about Ligue 1 and UEFA:

Elsewhere, Napoli have reportedly told PSG they must pay €15 million if they want to sign goalkeeper Pepe Reina this summer.

According to TransferMarketWeb, the Serie A side have already rejected two offers from PSG and want a "cash only" deal for the 34-year-old.

Reina has enjoyed his time in Italy since joining from Bayern Munich in 2015. WhoScored.com highlighted his influence on the Naples-based club:

Per Foot Mercato (h/t Jonathan Johnson at ESPN FC), PSG have agreed a two-year deal with Reina, who will not extend his deal with Napoli, which is set to expire in June.

Whether PSG are willing to meet Napoli's price, particularly for a goalkeeper who has already turned 34, remains to be seen, with the Serie A side seemingly willing to play hardball in a bid to keep the Spaniard.