Florentino Perez says Kylian Mbappe must have "changed his dream" by rejecting Real Madrid to stay at Paris Saint-Germain.
Mbappe had been expected to join Los Blancos as a free agent, but signed a blockbuster new three-year deal with PSG last month.
Madrid president Perez says the Mbappe who snubbed the LaLiga and European champions is not the same character he wanted to bring to the Spanish capital.
He told El Chiringuito: "Mbappe is already forgotten. We have had a perfect season and we will continue to work to get the best players.
"His dream was to play at Real Madrid, we wanted to do it last August and they didn't let him leave, he kept saying he wanted to play at Madrid and like 15 days before he changed the situation.
"This is not the Mbappe I wanted to bring, he is another one, who must have changed his dream. He changes, he is offered other things, he is pressured and he is already another footballer.
"There is no one at Real Madrid above the club. He is a great player, he can win more than others, but it is a collective sport and we have values and principles that we cannot change.
"The Mbappe who was going to come here is not this one. If it is, I prefer him to stay at PSG. I want the one with the dream."
Perez did not rule out making another move for Mbappe when he comes to the end of his new deal.
"Impossible in three years? In three years' time we'll all be bald?" he added.
"This Mbappe is not my Mbappe, who refuses to do a publicity stunt with his national team... I don't want that. It could have been a slip of the tongue, but I think he was mistaken."
Erling Haaland was also linked with Madrid before joining Manchester City, but Perez says Los Blancos did not need the Norway striker when they have Karim Benzema.
He added: "We have the best nine in the world and we weren't going to bring in Haaland to have him on the bench, right? Clause [Haaland reportedly has a release clause in his City contract] in two years?
"I don't know. We have no interest now other than to build the new team with the youngsters we have and some reinforcement."
Skriniar hails PSG team-mates Mbappe and Dembele as best in the world
Kylian Mbappe and Ousmane Dembele were hailed as two of the best players in the world right now by Paris Saint-Germain team-mate Milan Skriniar after their starring roles in a 4-1 triumph over Lorient.
The duo were each on target twice at the Stade du Moustoir in Wednesday's contest as Luis Enrique's men took another step closer to the Ligue 1 title.
Speaking to RMC Sport, centre-back Skriniar had high praise for PSG's superstar duo after a game where he felt the team were not at their best.
"I don't think it was our best performance, because at 2-0, we could have controlled the match better," he said.
"We lost too many easy balls but we know that up front we are very strong. I think we have the two best players in the world [Mbappe and Dembele] at the moment so we are happy for the victory.
"For me, they are the two best players in the world. We know their qualities, they help always the team with their goals, with their actions, with everything they do.
"It's easy to play with them."
PSG are not quite over the line in Ligue 1 yet as second-placed Monaco defeated Lille 1-0 later on Wednesday.
It means PSG are 11 points clear of their rivals with only four games remaining and the title will be theirs with victory over Le Havre at the Parc des Princes on Saturday.
Coventry City 2-3 Hull City: Tigers win five-goal thriller to keep play-off hopes alive
Hull City kept their hopes of gatecrashing the Championship play-offs alive with a thrilling 3-2 win over beaten FA Cup semi-finalists Coventry City on Wednesday.
Noah Ohio scored the winner with his first touch after coming on as a second-half substitute as Hull moved within three points of sixth-placed Norwich City with two games to play.
Coventry, meanwhile, saw their own hopes of returning to Wembley Stadium for a second successive play-off final all but ended, as they sit six points further back with three matches remaining.
Three days on from their remarkable comeback against Manchester United, the Sky Blues twice fought back to level things at Coventry Building Society Arena. Jaden Philogene's shot squirmed under goalkeeper Bradley Collins to put Hull ahead 31 minutes in, but Kasey Palmer levelled within five minutes with a stunning free-kick.
Hull went back ahead in controversial circumstances on the stroke of half-time, Liverpool loanee Fabio Carvalho converting from the penalty spot despite replays showing Joel Latibeaudiere's foul on Liam Delap took place outside the area.
Mark Robins' men again dragged themselves back into the game as Bobby Thomas headed Jay Dasilva's cross in just before the hour mark, but it was Liam Rosenior's visitors who found a winner.
Thomas went from hero to villain as his poor back pass sold Collins short, and Ohio got a toe to the ball to score the winner, keeping Hull's hopes of Premier League football intact.
Van Dijk: Liverpool have 'no chance' in title race after derby defeat
Virgil van Dijk conceded Liverpool might be out of the Premier League title race after they suffered a surprise 2-0 defeat to Everton in Wednesday's Merseyside derby.
Jarrad Branthwaite and Dominic Calvert-Lewin scored in either half to give the Toffees their first win over Liverpool at Goodison Park since 2010.
Liverpool struggled to find a way through the Toffees' defence despite dominating for long periods, and the Reds' captain says they will not outlast Arsenal and Manchester City without major improvements.
Speaking to Sky Sports, Van Dijk said: "If we play like today, then we have no chance to consider ourselves in the title race.
"We have to just focus on the next game and that will be a tough one anyway, so we will see.
"We're very disappointed, in so many ways. I think everyone has to look at their own performances. Did they really give everything, and do they really want to win the league?
"We're still fighting and there are still games after tonight, but if we play like we did overall in the game today – not winning challenges and giving the referee a chance to give free-kicks like he did many times, then you have no chance to win the title."
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