Milan discussing new long-term contract extension with Leao

Milan are in the process of discussing a new contract extension with star attacker Rafael Leao according to reports in Italy.

Gazzetta: Milan and Leao discussing new contract

According to reports from La Gazzetta dello Sport, there have been discussions between Milan and Leao’s entourage over a potential renewal of his contract.

The Portugal international joined the Rossoneri in 2019, signing a five-year deal, and then put pen to paper on a five-year contract extension in 2023. As things stand, Leao is tied to Milan until the summer of 2028.

On his current contract, Leao earns a net salary believed to be in the region of €5.5m per season plus bonuses, which makes him one of the highest earners in San Siro. A new contract would likely see that salary increased as well.

According to La Gazzetta dello Sport, there is also Premier League and Saudi Pro League interest in Leao.

Leao has recently scored in his ninth Serie A goal of the season, which means that he has already surpassed his league goal tally from last season (eight) in 14 fewer games. Experts suggest that Leao is becoming increasingly more of a leader in the Rossoneri ranks as well.

He is expected to lead the line for Milan heading into the Derby della Madonnina against rivals and league leader Inter this coming weekend, a game that he has described as a matter of ‘life or death’.