
"Since the end of January, the forward and his entourage have been talking to Igli Tare (the two have an excellent relationship) about a possible contract extension. Both the player and the club want to move forward together, and so a contract extension has gone from an idea to a renewal negotiation, all while Leao improved his season tally to nine goals on Sunday in Cremona."
"The 2023 renewal was a significant one for Leao: the No.10 shirt and a quadrupled salary of €5.5m net per year plus bonuses followed. Rafa became the highest-paid player in the squad and the face of a club that has entrusted the Portuguese to take them back to the top of Europe."
"The idea this time is to increase the fixed base to €6m net per season, including bonuses. Leao and his family will listen to Milan's proposal and make a final decision in the coming weeks. Tare is pushing for the renewal done with the blessing of Allegri, who also has a great relationship with Leao."
Rafael Leao and AC Milan have progressed from preliminary discussions to formal contract renewal negotiations since January. The forward has expressed his desire to remain at the club for many years. Unlike the complicated 2023 renewal involving a €22m Sporting Lisbon fine, current negotiations face no major obstacles. Leao's 2023 extension made him the highest-paid player at €5.5m net annually plus bonuses, along with the No.10 shirt. The new proposal aims to increase his fixed salary to €6m net per season including bonuses. While Leao's representatives want to remove the €175m release clause, the most likely outcome is maintaining it. Both the player and club want the agreement completed before the season concludes.
Read at SempreMilan
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