European champions Real Madrid have denied agreeing a transfer fee with Paris Saint Germain (PSG) for young French international Kylian Mbappe.

Earlier reports from France had claimed that the Los Merengues had agreed a world record fee of €272m (£240m) for the 19-year-old forward.

However, a statement from the Spanish La Liga giants on Wednesday revealed that those reports were untrue.

The statement read: “Given the information published in the last hours referring to an alleged agreement between Real Madrid CF and PSG by player Kylian Mbappe, Real Madrid says they are flatly false.

“Real Madrid has not made any offers to PSG or the player and regrets the dissemination of this type of information that is not contrasted with the parties.” It concluded.

Kylian Mbappe is currently at the ongoing FIFA World Cup tournament in Russia and has been in sensational form for France.

He has scored three goals in four World Cup games in addition to two man of the match awards.