Fenerbahce have reportedly made the primary supply for Rafael Leao, totalling €40m plus €2m in add-ons, however Milan are holding out for €50m with a unique formulation.
It’s confirmed that Fenerbahce despatched director Cihan Kamer and his colleagues to Italy this night, as he was filmed getting off the aircraft at Malpensa Airport.
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Fenerbahce providing €40m for Leao
DUBLIN, IRELAND – NOVEMBER 13: Rafael Leao of Portugal reacts after the group’s defeat throughout the FIFA World Cup 2026 qualifier match between Republic of Eire and Portugal at Aviva Stadium on November 13, 2025 in Dublin, Eire. (Picture by Charles McQuillan/Getty Pictures)
Sportitalia and Turkish switch pundit Yagiz Sabuncuoglu each verify the proposal goes to be set at circa €40m.
Sport Mediaset have extra exact particulars, insisting the primary supply is €5m for the mortgage, with an extra €35m obligation to purchase on the finish of the season, and an extra €2m in performance-related bonuses.
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Leao can be ready to signal a contract price €12m per season, virtually double his present wage at San Siro.
Nevertheless, Milan already warned Galatasaray and Benfica that they might solely settle for a everlasting switch, so is not going to comply with any mortgage with obligation to purchase.
They want the recent funds to carry out different transfers in the marketplace this summer season, having already spent over €100m to signal Goncalo Ramos and Mario Gila.
MILAN, ITALY – APRIL 26: Rafael Leao of AC Milan reacts throughout the Serie A match between AC Milan and Juventus FC at Giuseppe Meazza Stadium on April 26, 2026 in Milan, Italy. (Picture by Marco Luzzani/Getty Pictures)
Negotiations are set to proceed, and Leao isn’t going to stay with the Rossoneri, however they’ve set the asking value at €50m.