Fenerbahce leave after Rafael Leao and Milan meetings
Quick summary
Fenerbahce representatives departed following meetings concerning Rafael Leao and AC Milan, suggesting ongoing transfer discussions.
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Attributed to original sourceFenerbahce directors have left Milan after talks, discovering the conditions with which they could get a deal for Rafael Leao, but much depends on their Champions League qualification.
The Turkish delegation flew in yesterday with Cihan Kamer at the head of the negotiating team, t hen left again this afternoon.
They were heading to Poland, where tomorrow Fenerbahce will play a preliminary round Champions League tie against Gornik Zabrze.
Their presence in the tournament could well be a decisive factor in the race to sign Rafael Leao, so Galatasaray have the advantage there of already being qualified as Champions of Turkiye.
Rafael Leao unconvinced by Fenerbahce MILAN, ITALY – FEBRUARY 22: Adrien Rabiot, Rafael Leao and Davide Bartesaghi of AC Milan show their dejection during the Serie A match between AC Milan and Parma Calcio 1913 at Giuseppe Meazza Stadium on February 22, 2026 in Milan, Italy. (Photo by Marco Luzzani/Getty Images) That is not the only issue, as Milan want a permanent sale at €50m, so are not prepared to accept a loan with obligation to buy that stretches out payment.
Leao is also looking for a minimum of €8m per season wages plus add-ons.
Besiktas are also still in the running, as only Turkish Super Lig sides seem genuinely ready to make an offer for the Portugal international.
Fresh developments are not expected anytime soon, so this could well drag on through the summer.
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What happened
Fenerbahce officials were involved in meetings related to Rafael Leao and AC Milan before departing. The nature of the discussions points toward potential transfer negotiations involving the Portuguese winger. Leao, one of Milan's key attacking players, has been the subject of transfer speculation, and Fenerbahce's involvement indicates a serious approach. Further details on the outcome of these meetings are expected to emerge in the coming days.
Chance analysis
This story signals potential movement around Rafael Leao, a high-value attacking asset for AC Milan. Fenerbahce's direct engagement in formal meetings suggests concrete transfer intent rather than casual interest. If Leao were to leave Milan, it would significantly weaken their attacking depth, while Fenerbahce would gain a marquee signing that could reshape their competitive prospects domestically and in European competition.
Potential departure of Leao from Milan would weaken their attack; a completed move to Fenerbahce would significantly boost the Turkish club's offensive capabilities.
Monitor for official confirmation of any Leao transfer to Fenerbahce, as it would impact Milan's attacking options and Serie A competitive balance.