It's not just the Premier League teams who are throwing around money this summer.
Real Madrid look set to smash the World Record transfer fee, by spending over €100million on a teenager. Spanish newspaper Marca have are reporting that Real have agreed a deal with Monaco to sign Kylian Mbappe.
The €180million fee blows the fee Manchester United paid for Paul Pogba last summer out of the water. The fee is also enough to buy three-and-a-half Kyle Walkers or two-and-a-half Alvaro Moratas.
🚨🚨🚨 Principio de acuerdo Madrid-Mónaco por Mbappé: ¡¡¡180 millones!!! https://t.co/ICsNn4OKwq Informa @Carpio_Marca pic.twitter.com/eUqszo7wBm
— MARCA (@marca) July 25, 2017
According to Marca, the French international will sign a six-year-deal.
Last season, the 18-year-old was one of the best strikers in Europe, despite his age. On the way to the Champions League semi-finals he scored six goals, including goals against Manchester City, Borussia Dortmund and Juventus.
It will be the second time in two years Monaco will have sold the most expensive teenager in the world after Anthony Martial's move to Manchester United in 2015.