CONFIRMED: Chelsea set to beat Man City to the signing of €120m star this summer

Chelsea and Man City are reportedly planning to make offers of €120m (£105m) for AC Milan attacker Rafael Leao in the winter transfer window.

The 23-year-old winger has elevated his game to new heights with the Rossoneri over the last two years, and he is set to become one of the most sought-after attackers in Europe when the transfer window re-opens.

Leao was named the 2021-22 Serie A Player of the campaign after founding back of the net 11 times and providing 10 assists for Scudetto champions Ac Milan, and he has since made a bright start to the new season, recording six goals and nine assists in 17 appearances across Serie A and the Champions League.

The Portugal international is regarded as a vital asset at San Siro, however, his long-term future at the team is believed to be uncertain as his deal is set to expire in June 2024.

A recent report suggested that Milan are planning to hold talks with Rafael Leao and his agents over a new contract as they look to fend off interest from Europe’s elite teams.

However, TuttoMercatoWeb reports that Milan are expecting to receive big-money offers in January of €120m (£105m) for Leao from Premier League duo Man City and Chelsea.

The report adds that Milan will consider cashing in on their key player if a ‘super offer’ is received, as they do not want to lose another valuable star on a free transfer.

Over the last 18 months, the Rossoneri have seen Gianluigi Donnarumma, Hakan Calhanoglu and Franck Kessie all leave the club upon the expiration of their contracts, the latter of whom joined Barcelona in the summer.