AC Milan 'put £85.5m asking price on Paris Saint-Germain-linked Rafael Leao'
The French champions are believed to be targeting Leao as one possible replacement for Kylian Mbappe, who is now understood to have told the club that he will leave this summer.
With Mbappe set to depart as a free agent, PSG will not pocket a single penny from his sale, but they will save a staggering €200m (£171m) in yearly wages and will not have to pay the Frenchman his loyalty bonus either.
Luis Enrique's side will not spend the entirety of their funds on a successor to Mbappe, but a marquee attacker is high up their wishlist, and Les Parisiens plan to target up-and-coming players rather than established superstars as they enter the post-Mbappe era.
At 24 years of age, Leao fits the bill, although he recently signed a new long-term deal with Milan, who have him under contract until 2028 and agreed a mammoth €175m (£149.7m) release clause with his camp.
According to Gazzetta dello Sport, however, Milan accept that PSG will not be triggering that option, and the Rossoneri will listen to bids closer to the €100m (£85.5m) mark this summer.
PSG are supposedly yet to firm up their interest in the former Sporting Lisbon youngster, and Milan are not guaranteed to accept any reasonable offer that the French champions do decide to lodge.
PSG could also have to fend off stiff competition from Premier League trio Newcastle United, Manchester United and Manchester City to capture Leao, who spent one season in Ligue 1 with Lille in the 2018-19 campaign.
Since arriving at San Siro in 2019, Leao has racked up 50 goals and 45 assists in 192 matches for the Rossoneri, leading Milan to
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