As FC Barcelona continue their efforts to bolster their attack ahead of the 2025–26 season, one name that has re-emerged on the radar is Rafa Leão. While the Portuguese winger has a hefty €150 million release clause at AC Milan, the Italian club is reportedly open to negotiating for a much lower fee.

How Much Is Milan Really Asking for Leão?

According to Gianluca Di Marzio, AC Milan would be willing to let Leão go for around €85 million. The club is seeking funds to strengthen their squad this summer, and although the release clause remains valid, it would only be enforced if Barcelona chose to activate it outright during the transfer window.

The proposed amount marks a significant discount from his official clause and signals Milan’s openness to a more flexible negotiation.

Is Rafa Leão a Top Target for Barcelona?

No. The club’s primary target remains Luis Díaz from Liverpool, but the Colombian’s high transfer fee and substantial wages make the deal almost impossible for Barça’s financial structure.

With those obstacles in mind, Rafa Leão is being considered a Plan B—an offensive profile that offers width and dribbling similar to Nico Williams, albeit with different tactical attributes.

What Concerns Are There Around Leão?

Despite his raw talent and one-on-one ability, Leão has been inconsistent, raising concerns within the Barça camp and across the market. His lack of consistency in Serie A has been one of the main criticisms throughout his time at Milan, even though his ability to break open games is not in question.

Who Else Is on Barcelona’s Radar?

Besides Luis Díaz and Rafa Leão, Barcelona are also keeping tabs on Marcus Rashford. The Manchester United winger is reportedly willing to do whatever it takes to join the Catalan giants, and his current situation at Old Trafford could open the door to a potential move—should Barça choose to pursue it.