The Al Hilal offer is for one year, enabling the France captain to leave the club in the summer of 2024.
Al Hilal are in Paris this week to discuss a one-year deal for PSG forward Kylian Mbappé, according to Fabrizio Romano.
Mbappé, 24, does not want to leave the Parc des Princes this summer, however, PSG club president Nasser Al Khelaifi is encouraging the French forward to consider offers this summer as the club look to sell their star player before he can leave on a free in 2024.
PSG are currently on a summer tour of Japan and South Korea, but Mbappé was left out of the travelling squad due to his decision to accept the one-year extension in his contract.
Saudi Pro League club Al Hilal have submitted a bid of €300m for Mbappé and a Saudi delegation have travelled to Paris to discuss the a move with Mbappé, although it remains to be seen whether or not the forward will want to join Cristiano Ronaldo and Co in the ever-growing Saudi league.
The Al Hilal offer is reportedly for one year, enabling the France captain to leave the club in the summer of 2024. PSG are convinced that Mbappé has an agreement in place with Real Madrid for next summer.
The deal for Mbappé would include a €200m salary plus commercial deals and image rights worth up to a staggering €700m.
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