Rafael Leão

Recent reports from April 2026 suggest a significant drop in valuation, with a reasonable fee cited between €40-50 million and AC Milan reportedly setting a price of €50 million. In early 2026, asking prices were reported between €75-80 million, down from figures around €100 million mentioned in late 2025 and mid-2025. Throughout the rumours, a release clause is consistently mentioned, most often at €175 million, though reports frequently state it is unlikely to be paid. Past rejected offers include a reported €100 million from Al Nassr in February 2025 and another €100 million from Al Hilal in June 2024.

Our valuation for Rafael Leão is shaped by a wide but recently declining range of reported asking prices. Despite a contract until 2028 and a high release clause, the most recent rumours from early 2026 suggest a significant drop in valuation, with figures ranging from €40-50 million up to €80 million, reportedly due to inconsistent form and a falling-out with management. Our estimate sits within this recent range, acknowledging the downward pressure on his price while respecting his established top-tier talent.