PSG waiting for "extremely low and insulting" Mbappe offer from Madrid

The clock is ticking and Paris Saint-Germain are yet to receive a decision from Kylian Mbappe regarding their July 31st ultimatum: renew his contract or be sold this summer. The Parisian side gave their striker the deadline of midnight on Monday, the moment that his option to extend for 12 months runs out.
It doesn't seem like the French international's future will be neatly sorted by then regardless, and the club will have to pay him half of the €80 million loyalty bonus he is owed. And the payment of that first part would lower the cost of a hypothetical transfer, so Madrid is waiting attentively for the clock to run down.
In spite of this, according to 'RMC Sport', PSG are convinced that Mbappe has reached an agreement with Real Madrid to arrive on a free transfer in 2024, and are therefore expecting an "extremely low and insulting" offer from the Spanish side.
Desperate to make something off the French star, PSG entertained a record-breaking offer from Saudi side Al Hilal - which was turned away by Mbappe - and more recently are reported to be in talks with Liverpool over a loan move for the striker next season.