AC Milan has set a steep €130 million asking price for Rafael Leao, as Bayern Munich, Arsenal, and several Saudi Arabian clubs vie for the Portuguese forward’s signature.
Despite a €175 million release clause, Milan is reportedly open to negotiating after a mixed 2024-25 season for the 25-year-old, who contributed 12 goals and 13 assists.
Bayern aims to pair Leao with Harry Kane, while Arsenal also monitors the situation.
Saudi clubs Al Nassr, Al Hilal, and Al Ittihad are prepared to offer Leao a colossal €25 million per year.
With Milan facing a squad overhaul after missing European football, Leao’s future at San Siro hangs in the balance.