Overview
- Rafael Leão has made clear he wants to leave after seven seasons, and Turkish clubs Galatasaray and Fenerbahçe have shown the most concrete interest so far.
- Negotiations remain far apart because Milan insist on an outright sale with a floor near €50m and Leão is seeking a double-digit million annual wage that the Turkish offers have not matched.
- After missing primary target Konstantinos Karetsas to Borussia Dortmund, Milan have broadened their shortlist for the trequartista role to include Brahim Díaz, Ethan Nwaneri and Matías Soulé.
- Brahim Díaz is under contract at Real Madrid until 2027 and would require Real Madrid’s agreement to move, but his prior loan to Milan (124 appearances, 18 goals, 15 assists) makes him a low-adaptation option.
- With talks unresolved, there is a real possibility Leão stays for 2026–27 if no acceptable bid arrives, a result that would shape Milan’s tactics, squad planning and transfer budget for the season.