Leao rejects Chelsea and Real Madrid as he wants to extend his contract with AC Milan

AC Milan striker Rafael Leao has rejected offers from Chelsea and Real Madrid, according to La Gazzetta dello Sport.

Rafael Leao, Getty Images

"Chelsea and Real Madrid held talks with one of the Portuguese's representatives, Jorge Mendes, but the 23-year-old rejected both European giants as he wants to continue working for the Rossoneri. "Milan plans to increase the player's salary to €7 million per season. The parties have not reached an agreement on the fine of more than €20 million that Leao owes to his former club Sporting Lisbon for unilaterally terminating his contract in 2018.

Leao's current contract with AC Milan expires in the summer of 2024.

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