According to reports from Italy, Fenerbahce is set to make a new offer to Milan for Rafael Leao, who recently joined his teammates in Australia for pre-season training.
SASSUOLO, ITALY – MAY 03: Rafael Leao of AC Milan reacts during the Serie A match against US Sassuolo Calcio at Mapei Stadium Citta del Tricolore on May 03, 2026. (Photo by Emmanuele Ciancaglini/Getty Images)
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The Portugal international has repeatedly expressed his desire to leave this summer, and Milan has indicated they do not intend to extend his contract, which is set to expire in June 2028.
The asking price is set at a minimum of €50m, with potential add-ons to bring the total to €60m, and the club will not consider a loan deal with an option or obligation to buy.
Fenerbahce Intensifies Pursuit of Rafael Leao
DUBLIN, IRELAND – NOVEMBER 13: Rafael Leao of Portugal reacts after the team’s defeat in a FIFA World Cup 2026 qualifier against the Republic of Ireland at Aviva Stadium on November 13, 2025. (Photo by Charles McQuillan/Getty Images)
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Recently, Fenerbahce sent officials to Italy for discussions, primarily to gauge the terms required for both a club-to-club agreement and personal arrangements with Leao.
Reports suggest that the player is seeking a wage of €10m per season.
Calciomercato reports that Fenerbahce is preparing a formal offer shortly, aware of the current situation and the prerequisites for a transfer.
Meanwhile, Leao has traveled to Perth, where he is training under coach Ruben Amorim alongside his Milan teammates.
Galatasaray and Benfica have also shown interest in Leao, but there are no strong offers from clubs outside of the Turkish Super Lig at this time.