A report claimed that Real Madrid dropped the bid of signing Mbappé because of his age. And a close look at Real's new signings shows that they are interested in young player. PSG should raise or sign young players and allow advanced players to move to Saudi Arabia 
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But according to other reports, Real Madrid will make their offer as soon as the year ends. Actually, I still doubt this report, but if it really happens, it might be the last offer for Kylian Mbappe. Real Madrid are tired of waiting for uncertainty from Kylian Mbappe and they should look for other options for strikers. On the other hand, Real Madrid actually has everything to offer, but why should they bet on Kylian Mbappe and not try other players out there because it is impossible for them to continue playing without the number 9 player next season.
We have to understand that player like Mbappe is a big name and whenever media lacks something substantial to write about they will drag big names into the picture and make headlines with them. Other big names are
- Ronaldo
- Messi
- Bellingham
- Haaland
- Vinicius
If Real Madrid will be patient of not giving any offer to Mbappe till now, I do not think that waiting till he becomes a free agent will be a problem.