Tuttosport: Renewal situation and performances see Leao’s valuation drop sharply

AC Milan are struggling in 2023 having already lost seven games across all competitions, and those difficulties extend to Rafael Leao who is experiencing a goal drought.

Today’s edition of Tuttosport (via PianetaMilan) talks about the situation linked to the Portuguese winger, recalling that last summer Milan negotiated with Chelsea – albeit very briefly – and turned down an offer worth over €100m for Leao from the Premier League side.

Their belief was that Leao was too important to lose and that in the coming months the management would find an agreement over the renewal of his contract, but that renewal has not yet come and now Leao is seeing his market value drop below triple digits because of his form.

Paolo Maldini and Ricky Massara were convinced that in the event he did not extend his deal before the 2023 summer window they could sell him for €100m, yet if his form continues like this it will be more like €70-80m with 15% of that going to Lille as per the resale clause.