REAL MADRID have sparked a double red alert with claims they can't afford to sign Kylian Mbappe.
Manchester United and Liverpool have been monitoring the PSG striker's situation as his contract expires next summer.
The Telegraph suggest "financial issues" have dented Real's chances of recruiting their long-time top target.
Now Premier League giants, including Chelsea, might ponder launching a staggering offer for the France star in January.
Mbappe, 24, has already rejected a reported offer from Saudi club Al-Hilal worth around 1billion euros (£787m) in wages and a transfer fee close to 300m euros (£262m).
Back in July the pacy 73-cap hero was given two weeks to extend his current PSG deal – or be sold.
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But he never signed – and instead was retained.
The French champions will hate risking losing Mbappe for free at the end of the season.
But Luis Enrique's Ligue 1 leaders are also determined to mount a serious challenge for the Champions League.
And assuming they squeeze into the group stages, selling their star player in the January transfer window would put a huge dent in those ambitions.
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Real have also denied holding talks with PSG over the ex-Monaco man.
In a dream world the Spanish giants would love to field Mbappe behind their £115m England midfielder Jude Bellingham.
But the club said in a statement: "Given information in the media about negotiations between the player Kylian Mbappe and our club, Real Madrid state that this information is categorically false.
"Negotiations have not taken place with a player who belongs to PSG."
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