Report: Fenerbahce have fresh Leao offer ready for Milan
Quick summary
Turkish club Fenerbahce are reportedly preparing a new offer for AC Milan's Portuguese winger Rafael Leao.
Full article
Attributed to original sourceItalian reports claim Fenerbahce are preparing a new proposal to Milan for Rafael Leao, who has just joined his teammates in Australia for pre-season training.
SASSUOLO, ITALY – MAY 03: Rafael Leao of AC Milan reacts during the Serie A match between US Sassuolo Calcio and AC Milan at Mapei Stadium Citta del Tricolore on May 03, 2026 in Sassuolo, Italy. (Photo by Emmanuele Ciancaglini/Getty Images) The Portugal international has made it clear multiple times that he wants to leave this summer, and the Rossoneri in turn have no intention of renewing his contract that expires in June 2028.
However, the asking price is a minimum of €50m plus add-ons to reach €60m, and they will not be accepting a loan with option or obligation to buy format.
Fenerbahce pushing for Rafael Leao DUBLIN, IRELAND – NOVEMBER 13: Rafael Leao of Portugal reacts after the team’s defeat during the FIFA World Cup 2026 qualifier match between Republic of Ireland and Portugal at Aviva Stadium on November 13, 2025 in Dublin, Ireland. (Photo by Charles McQuillan/Getty Images) Fenerbahce had sent directors over to Italy last week for talks , and those were largely exploratory to understand the conditions required both for a club to club agreement, and personal terms with Leao.
It is believed the player is asking for €10m per season wages.
Calciomercato now claim that Fenerbahce are preparing a formal offer over the next few days, knowing the situation and what is required.
Meanwhile, Leao flew out to Perth, where he is training with coach Ruben Amorim and the rest of his Milan teammates.
Galatasaray and Benfica are also known to be interested in Leao, who has no other firm offers outside of the Turkish Super Lig.
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What happened
According to reports, Fenerbahce are lining up a renewed bid for Rafael Leao, who has been a long-standing target. The Portuguese forward remains under contract at AC Milan but has periodically been linked with a move away from San Siro. Fenerbahce's renewed interest suggests they are serious about adding a marquee attacking player. Milan would need to weigh any offer carefully given Leao's importance to their squad.
Chance analysis
Leao is one of Milan's most valuable attacking assets and any potential sale would represent a major squad disruption, even if the fee is significant. From Fenerbahce's side, landing a player of Leao's caliber would be a statement signing for the Turkish Süper Lig. Until concrete terms emerge, this remains speculative but worth monitoring given Leao's periodic links away from Milan and Fenerbahce's financial ambition.
A potential major attacking reinforcement for Fenerbahce, but a significant loss for AC Milan if completed.
Monitor for confirmation of a formal bid; if Leao leaves Milan, their attacking output drops significantly for upcoming fixtures.