Monaco had originally requested 190m euros but now coach Zinedine Zidane has given his blessing to the new agreement in principle, following a meeting with club president Florentino Perez and general director Jose Angel Sanchez out in Los Angeles.
The move comes after Alvaro Morata left for Chelsea for a fee of 80m euros, opening the way for Mbappe to challenge the BBC dominance at Real, with the teenager thought to desire an immediate transfer rather than a year's loan back in Ligue 1.
Earning 7m euros net per year on a six-year contract, the progress on Mbappe's LaLiga switch comes amid Monaco's public statement against 'great European clubs' making illegal advances for the player's signature, which was believed to be a veiled reference to meetings with Manchester City boss Pep Guardiola.
The Citizens look to be out of the equation now as they are aware of the starlet's close proximity to a Real move, with PSG also struggling to convince their French counterparts to sell to a domestic rival as they focus their efforts on Barcelona's Neymar.
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