Lee Kang-In, a 25-year-old Korean midfielder/winger who joined Paris Saint-Germain from Mallorca in the summer of 2023, is under contract until June 2028. Having served largely as a backup in recent months, he has been the subject of rumors lately—specifically regarding interest from Atlético Madrid—as well as talk of a potential contract extension. Now, several journalists and media outlets report that the deal is all but done, with specific figures being cited.
Ruben Aria
KANG IN LEE. New Atlético Madrid player. The Korean is signing a five-year deal running until June 30, 2031. PSG and Atlético Madrid have agreed to finalize the transfer for a fixed fee of €35 million plus €5 million in add-ons. Deal sealed. Kang In becomes the second signing for the 2026-2027 season.
Mundo Deportivo:
The 25-year-old PSG player has been on Atlético Madrid’s radar for years. This summer, the two clubs could finally join forces, as the Parisian club has opened talks regarding the South Korean.
Paris was willing to let the Asian player leave—despite his excellent performances during the World Cup group stage—but only for an offer in the region of €35 million. Atlético has been working to lower this figure, though they are unlikely to secure major concessions. There is optimism, and an announcement is expected soon.
Abdellah Boulma:
As expected, Kang-In Lee is heading to Atlético Madrid. The Spanish club will pay approximately €40 million (including add-ons) to secure his services, three years after he joined PSG from Mallorca for €22 million. It is a five-year contract.”
There is little doubt left, given the number of announcements pointing in the same direction over such a short period. The transfer appears to be all but finalized, with a price tag between €35 million and €40 million—a gap likely hinging on add-ons. These are not mere details; negotiations are still required to seal the deal, a process that can sometimes take a long time and even hit a snag.
That said, it would come as a genuine surprise if it fell through, given how far advanced discussions between PSG and Atlético Madrid seem to be. We can hope for an official announcement soon—though, of course, nothing is certain until it is officially confirmed.

