

Key Takeaways:
- Milan have informed Rafael Leao’s representatives of a €60-70m asking price for his potential transfer
- A loan deal with obligation to buy could be an option for interested clubs, such as Tottenham or Manchester United
- Leao remains keen on a move to the Premier League or LaLiga, while Milan aim to avoid retaining a discontented player
Transfer Discussions and Exit Conditions
AC Milan have reportedly sat down with Rafael Leao’s entourage to define the terms of his possible departure from the club. According to several sources, including Sky Sport Italia, Milan’s directors conveyed that the Portugal international is available for transfer with a price tag set between €60m and €70m.
Leao’s current contract is set to expire in June 2028, yet talks over an extension have not progressed in recent months. The club is open to proposals which may also take the form of a loan with a mandatory purchase clause, providing flexibility to potential buyers who may be unable to commit to the full transfer fee upfront.
🚨 Leao will have contacts with Milan after the World Cup to decide his future. In the case of putting him up for sale Milan’s evaluation for him is €60-70M
[@SkySport] pic.twitter.com/sU99YaRG6D
— Milan Eye (@MilanEye) July 2, 2026
Current Suitors and Player Preferences
Although there has been contact mainly from Turkish clubs Galatasaray and Fenerbahce, Leao has declared his ambition to play in either the Premier League or LaLiga, as revealed to Portuguese media. Manchester United are regarded as the principal contenders for his signature, but their current focus may lie elsewhere. Tottenham Hotspur, under Roberto De Zerbi, have also been referenced as possible admirers.
Recent Campaign and Club Considerations
Leao endured a challenging season under Max Allegri, frequently played out of position as a centre-forward and showing frustration upon being substituted early in matches. The team’s failure to secure Champions League qualification led to Allegri’s dismissal, with Ruben Amorim appointed as manager. However, the club remains uncertain about retaining Leao, their highest-paid player.
Milan, who acquired Leao from Lille in 2019 for a fee that rose to €49.5m, are keen to capitalise on their investment but are also wary of being left with an unsettled player after the World Cup with diminishing contract value and limited suitors.
| Player | Current Club | Contract Expiry | Reported Asking Price | Potential Suitors |
|---|---|---|---|---|
| Rafael Leao | Milan | June 2028 | €60-70m | Manchester United, Tottenham Hotspur, Galatasaray, Fenerbahce |




