"It would have unpredictable consequences" – La Liga could lose hundreds of millions because of Mbappé, Real Madrid apologized to China twice.

The controversy erupted when Kylian Mbappé mentioned a meme featuring his face on Mao Zedong's head during a TV show. His comments sparked outrage in China, leading to several companies severing ties with him. CCTV suspended La Liga broadcasts, which could result in significant financial losses for the league. Despite Mbappé's apology, CCTV rejected the Real Madrid's explanation and demanded a formal apology from the club. The situation poses a potential financial crisis for La Liga, with estimates suggesting losses could reach up to 400 million euros. Real Madrid eventually issued an apology, emphasizing respect for China and its culture, while awaiting further reactions from Chinese authorities.