Rafael Leao extends AC Milan deal until 2028

“AC Milan is pleased to announce that Rafael Alexandre da Conceiçao Leao has renewed his contract with the club until 30 June 2028,” Milan said in a statement.

Leao has made 162 appearances for Milan since signing from Lille in 2019, netting 41 times and setting up 29 more. | Photo Credit: MASSIMO PINCA

Rafael Leao will remain an AC Milan player after the Serie A giants announced on Friday that the Portugal forward had signed a new deal until 2028.

“AC Milan is pleased to announce that Rafael Alexandre da Conceiçao Leao has renewed his contract with the club until 30 June 2028,” Milan said in a statement.

Milan did not communicate the details of the deal but Italian media report that Leao will earn a basic net salary of five million euros ($5.4 million) with a series of bonuses in place which could make his actual earnings significantly higher.

Milan have also reportedly inserted a release clause of 175 million euros which can only be exercised during a summer transfer window.

The 23-year-old has made 162 appearances for Milan since signing from Lille in 2019, netting 41 times and setting up 29 more.

He was crucial to Milan winning their first Serie A title in 11 years last season and getting to the Champions League semi-finals this campaign.