For Paris Saint-Germain: Nasser Al-Khelaifi stated several times that there was no way PSG would allow the best player in the world to leave on a free transfer. Well, it's happened, so this cannot be portrayed as anything but a sporting and financial disaster for the French champions. Yes, PSG will save a fortune in wages. Yes, Mbappe's behaviour had become a major problem. But losing him for nothing reflects horribly on those in power at the Parc des Princes. In a way, Mbappe may well have done PSG a favour by exposing the folly of pursuing and indulging "flash, bling-bling" superstars, and there are already signs that the club's Qatari owners have seen the error of their ways. However, the damage already done to their brand is colossal. PSG really do risk irrelevance without their most marketable player. Mbappe, remember, was PSG's poster boy, their homegrown hero and the "cornerstone" of their entire project; instead, he's left it on the verge of complete collapse. Grade:F
For Real Madrid: Pure perfection. Florentino Perez has finally got his man - and without having to pay a transfer fee. Obviously, Madrid are still handing over a king's ransom to land Mbappe, in terms of his salary and signing on-fee, but this has worked out better than anyone connected to the club could have expected. It may have taken longer than they would have wanted, but the World Cup winner is still only 25, meaning his peak years are still ahead of him. In that sense, it feels a lot like Cristiano Ronaldo's arrival in Madrid all the way back in 2009: an already world-class talent perfectly primed to take his game to a whole other level at the biggest club in the world. Mbappe's arrogance is obviously off the scale and there are question marks over where exactly he will play - but who better than Carlo Ancelotti, the master of managing egos, to make it work?! Grade: A+
For Mbappe: A dream come true. Mbappe has wanted this since he was a kid. He probably needs it at this stage of his career, too. There were those within French football who believed Mbappe was stagnating in Paris, that he really needed a new challenge away from his hometown. Now, he's got the biggest one in football: proving his greatness at Real Madrid. Obviously anything other than Champions League glory and a first Ballon d'Or will be deemed failure, but let's face it, if Mbappe stays fit, he'll run riot in Spain, no matter what position he plays in. He's just that good. Grade: A+