MN: Salary, clause, duration and commissions – the full situation regarding Leao’s renewal

AC Milan will meet with Rafael Leao’s entourage in the next few days and an update on the situation has arrived ahead of the summit.

MilanNews report that Ted Dimvula – the winger’s lawyer-agent – is expected in Milan in the next few days while his father Antonio Leao is already in Milan and will attend Milan-Roma on Sunday evening.

The new meeting between the parties will see the issues of salary, termination clause, contract duration, commissions and the Sporting CP fine tackled.

Starting with the salary, Milan will go beyond what is the internal salary system by recognising him as the strongest player in the squad. Other players and Pioli have made it known publicly that they believe Leao is a decisive player and therefore everyone is rooting for his renewal.

Milan’s offer is around €7-7.5m including bonuses, an amount that not only shows how much they value Leao but also how the improvement in the club’s accounts is allowing Maldini and Massara to have more flexibility financially.

Milan would like to maintain the current €150m release clause that can only be activated by foreign clubs and in the first fortnight of July. There could be a request for this to be reduced and there seems to be room for discussion, but Milan would not sell for less than €100m.

There are two hypotheses regarding the duration of the renewal. The first is a three-year extension until 30 June 2027, which is the one Milan are pushing for the most. The second option would be an extension until 30 June 2025.

The latter suggests that it would simply buy Milan time for a sale and while it cannot be ruled out, it is also not certain that a renewal would see Leao stay for many years to come either, and Milan want to give themselves as much leverage as possible given the interest from other clubs.

Finally, Jorge Mendes – now a special adviser to father Antonio Leao – has never completely left the scene even though the power of attorney is legally held by Ted Dimvula.