The question is just the cost of Mbappe on the transfer market and will Real Madrid be ready to spend hundred of dollar to buy him when he only has one more year in the contract. I believe that Real Madrid have enough patience to wait one more year and save a lot of money.
Waiting is not Real Madrid's type, they will do anything to get the player they want. PSG will accept proposals from any club if Mbappe does not want to extend his contract, PSG has full rights to sell Mbappe to any club as long as Mbappe's contract is still active. Real Madrid will not stand still until the player they want has been brought in, the price is not a big problem for Real Madrid, especially since they have included Mbappe on the radar for the last two years. The loss of Benzema made Real Madrid urgently need to bring in a new striker, Mbappe is the right person to fill the post left by Benzema.
I can't completely agree with you. Real Madrid management has been waiting for Mbappe for the last few seasons. Every season we hear that Mbappe is interested in joining Madrid. But he renewed his contract with PSG again at the last minute and disappointed the Madrid fans. This season, Madrid's main player Benzema left the team. Madrid now badly needs a suitable replacement for Benzema. On the other hand, Mbappe has yet to renew his contract with PSG. The chances of seeing Mbappe in a Madrid jersey are increasing. And the important thing is that Mbappe can be a worthy replacement for Benzema. I think Madrid management will try their best to get Mbappe into the team this season.