After weeks and months of talks, Milan winger Rafael Leao is primed to receive a bumper contract extension deal. The Portuguese star’s negotiations have finally made headway following a legal dispute that involved his previous two clubs, Lille and Sporting Lisbon.
Latest reports form Calciomercato indicate that the official announcement of Leao’s renewal should arrive after the UEFA Champions League second leg encounter against rivals Inter, irrespective of the final result. It is a five-year extension worth approximately €7M net per season including add-ons and bonuses.
#Milan, tutti i dettagli del rinnovo di #Leao: cambia la clausola rescissoria e l'accordo con il #Lille https://t.co/NxaqD7D2sC
— calciomercato.com (@cmdotcom) May 12, 2023
However, what’s more is that the winger will see his release clause bump from €150M to €170M, giving Milan more space in negotiating his transfer fee if offers do arise come summer.
Following the agreement, Leao’s ex-club Lille will pay around €22M to his boyhood club Sporting Lisbon, in exchange for a higher future resale clause on the player, which was set at 15% previously. It is a case that dates back to 2018, when Leao moved from Sporting to Lille on an unilateral basis due to problems at the club.
Rafael Leão has now signed new long term deal with AC Milan until June 2028, confirmed and here we go! ??⚫️ #ACMilan
All documents are finally completed, it will be official soon.
◉ €175m release clause.
◉ €5m net salary per season plus add-ons. pic.twitter.com/GriEltbo9q
— Fabrizio Romano (@FabrizioRomano) May 11, 2023
Lille have now agreed to compensate a major amount on behalf of Leao, whose move to Milan in 2019 played a big part in reinforcing the relationship between the French and Italian clubs.
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