MN: Leao to sign Milan renewal on Friday – the terms of his new deal

Tomorrow is the day that AC Milan should formally announce the extension of Rafael Leao’s contract, according to a report.

After being reportedly close for a couple of weeks now, the big day has finally arrived. MilanNews confirm that tomorrow afternoon Leao will sign a new contract with Milan to officially extend with the Rossoneri until 2028.

The Portuguese will sign a deal worth €5m net per season plus bonuses, making him the highest paid player in the team, and there will be an increase in his release clause from the previous €150m up to €175m.

All the updates will be on our site tomorrow as Leao is expected to arrive at Casa Milan in the afternoon following the training session at Milanello.

He will put pen to paper on his new contract, then there will be the customary photos and announcement of a renewal which is a very positive statement for the Rossoneri.