Bad news for Chelsea and Real Madrid as AC Milan star Rafael Leao is close to extending his stay at the Italian club.
As per La Gazzetta dello Sport, the reigning Serie A champions have held talks with Leao over signing a new deal and reportedly the Portuguese international has agreed to extend his stay at the club by another five years.
The signing of a new contract was delayed due to Sporting Lisbon’s demands that the player owes the club a compensation of €16.5m for leaving them in 2018 and joining Lille on a free transfer. But now it is being reported that Milan held positive discussions with the Portuguese club and that the issue is being resolved amicably.
The new deal with Milan will see Leao earning €7 million per year and a verbal agreement between the player and the club has been reached.