Mbappe rules out returning to Paris to play in Olympics after Real Madrid move
The 25-year-old said in March that he was keen on playing at his home Games but since the Olympic tournament is not on FIFA’s calendar, clubs are not obliged to release their players.
Mbappe was not included in a 25-man preliminary squad for the Olympics earlier this month, though head coach Thierry Henry left the door open.
"My club's position was very clear, so from that moment on, I think I (knew) I won't be taking part in the Games," Mbappe told reporters ahead of Monday's Group D match against Austria at Euro 2024.
"That's just the way it is, and I understand that too. I'm joining a new team in September, so it's not the best way to start an adventure.
"I'm going to wish this French team all the best. I'm going to watch every game. I hope they'll win the gold medal."
The men's Olympic football competition begins on July 24, 10 days after the European Championships final, and ends on August 9.