AC Milan have made Rafael Leão available this summer, with the asking price now set in the €60-70m range. That is a very different conversation from the €175m release-clause talk that used to hang over him. Tottenham are among the clubs watching, and Leao’s own words point in the same direction.

Milan's asking price and Leao's contract

The key detail is that Milan are prepared to sell, not just entertain idle interest. Fabrizio Romano said Leao is “still considered in the exit list at Milan” and added, “So, the doors are open.” Leao is still under contract until June 2028, so Milan have no need to rush, but the market has clearly been reset into a range clubs can actually work with.

There is also a basic timeline to this. Leao joined Milan from LOSC in 2019 for €49.5m, and the club now appear willing to cash in at a higher figure after several seasons with him in the side. That does not make a deal likely on its own, but it does make a sale feel realistic rather than theoretical.

Tottenham's interest and Leao's preference

Leao has been even more direct about where he would like the next step to be. “I need a new challenge,” he said. “For my style of football, I think the Premier League or LaLiga would make more of my talent, as a player. If a Premier League opportunity were to come along, I would be very happy.”

That puts Tottenham in a sensible place in the story. Their shortlist for the left side includes Eli Junior Kroupi, Leao and Savinho, and Spurs are already deep into a rebuild after finishing 17th in the Premier League with 41 points, 48 goals scored and 57 conceded. A left-sided attacker with Leao’s ceiling fits that kind of shopping list better than a depth move does.

The valuation still matters, though. Milan are asking for serious money, and Leao is not short of time on his contract. But the combination of his public preference and Milan’s willingness to sell has turned this into a live summer market story, not a fantasy link. Tottenham are in the picture because the price is no longer absurd, and because Leao has already said England would suit him better.

Written by Daniel Hartley with AI-assisted research, cross-checked against 4 outlets. How we work →