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Chelsea or Arsenal could sign €100m Rafa Leao - Fabrizio Romano
Carlo Garganese
- Updated: 11 Nov 2025 07:26 GMT
- 3 min read
News
Fabrizio Romano reports that Rafa Leao's possible contract extension won't stop him from potentially joining a Premier League giant.
In his regular slot on Fabrizio Romano's Italian YouTube channel, Matteo Moretto reveals that Milan plan to extend Leao's contract by another two to three years.
Current ETV
Rafael Leão
F, M (L)
Milan
Rafael Leão
F, M (L)
Milan
ETV Range
€62M - €75.8M
His current deal expires in 2028 but talks have already started over a renewal.
Milan are very happy with Leao and want to extend his stay at the club but Moretto says that a new deal won't necessarily exclude a big sale.
He says that if a massive offer - with Chelsea and Arsenal both linked to three figure bids in 2026 - is made then Milan will consider a sale.
Milan have a value on every player and it is no different for their star man.
Leao at Milan
Leao has been in blistering form of late, leading to reports that Chelsea and Arsenal are considering making a big-money move for the attacker in 2026.
Spanish publication Fichajes claim that Chelsea are willing to submit a €120 million offer to sign Leao next year after intensifying their pursuit of his signature in recent weeks.
It’s reported that Enzo Maresca has given his approval to the transfer, with the Stamford Bridge hierarchy keen to add further attacking reinforcements despite the arrivals of both Jamie Gittens and Alejandro Garnacho this summer.
Arsenal manager Mikel Arteta has also been reported to be a huge fan of the Portuguese sensation and would consider a bid at a slightly lower cost.
Leao is happy again at Milan after a difficult last season where he went the entire campaign without scoring a home goal in Serie A.
He is in outstanding form currently, scoring four goals in seven games this season.
New manager Max Allegri has described Leao as having a touch of "genius" about him.
Leao joined Milan from Lille in 2019 and has scored 74 goals in 267 games.
Leao was Milan’s key player as they won their first Serie A title in 11 years in 2021-22. He was named Serie A Player of the Year, scoring 14 goals and grabbing 12 assists in all competitions.
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