Milan are reportedly offering a new contract to Rafael Leao worth €6m per season plus bonuses, hoping to stave off interest from Chelsea and Manchester City.
The 23-year-old talent is only under contract until June 2024, so the Rossoneri are rushing to avoid a similar situation to the one that saw them lose Gianluigi Donnarumma, Hakan Calhanoglu, Franck Kessie and Alessio Romagnoli as free agents.
They had been close to a deal with his agent at €4m before the strong performances that allowed Milan to win the Serie A title last season.
With interest from top European clubs including Chelsea and Manchester City, that drove up the asking price for his salary to €7m per season net.
According to Tuttosport and Tuttomercatoweb, the latest proposal prepared by Milan directors is worth €6m per season plus add-ons that would reach the €7m mark.
He was purchased in 2019 for €29.5m from French club Lille and has now contributed 30 goals and 27 assists in 123 competitive games for the Rossoneri.