Milan set Rafael Leao asking price amid Bayern Munich interest – report

Bayern Munich remain interested in Rafael Leao, and according to Gazzetta dello Sport, Milan are open to listening to offers of at least €100m.

Milan are unwilling to sell Rafael Leao for less than €100m, according to the latest report from La Gazzetta dello Sport.

GENOA, ITALY - MAY 5: Rafael Leao of Milan (right) celebrates with his team-mate Theo Hernandez after scoring a goal during the Serie A match between Genoa and AC Milan at Stadio Luigi Ferraris on May 5, 2025 in Genoa, Italy. (Photo by Simone Arveda/Getty Images)

GENOA, ITALY – MAY 5: Rafael Leao of Milan (right) celebrates with his team-mate Theo Hernandez after scoring a goal during the Serie A match between Genoa and AC Milan at Stadio Luigi Ferraris on May 5, 2025 in Genoa, Italy. (Photo by Simone Arveda/Getty Images)

The Portuguese star has a €175m clause, but the Rossoneri are aware that no club will match this fee in the 2025 summer transfer window.

Milan set Leao price tag

epa12100655 Rafael Leao of Milan during the Italian Cup final soccer match between AC Milan and Bologna FC in Rome, Italy, 14 May 2025. EPA-EFE/FEDERICO PROIETTI

epa12100655 Rafael Leao of Milan during the Italian Cup final soccer match between AC Milan and Bologna FC in Rome, Italy, 14 May 2025. EPA-EFE/FEDERICO PROIETTI

Previous reports claimed that Leao had already informed Milan he wanted to leave.

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Bayern Munich are among the clubs interested in the winger, who turns 26 today. According to other sources, the Bavarians are preparing an offer to sign Leao in a player-plus-cash swap deal.

Bayern Munich scout Leao

Milan forward Rafael Leao celebrates after scoring the 1-0 goal during the UEFA Nations League soccer match between Portugal and Poland, in Porto, Portugal, 15 November 2024. EPA-EFE/ESTELA SILVA

Portugal’s Rafael Leao celebrates after scoring the 1-0 goal during the UEFA Nations League soccer match between Portugal and Poland, in Porto, Portugal, 15 November 2024. EPA-EFE/ESTELA SILVA

Naturally, Bayern Munich directors watched Leao in action during the Nations League Final between his Portugal side and Spain at the Allianz Arena on Sunday, reports Gazzetta.

Milan have appointed Massimiliano Allegri as their new head coach for the 2025-26 season, but are undergoing a deep revolution, with talks ongoing with Chelsea for Mike Maignan and having sent Reijnders to Manchester City.

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