Chelsea and PSG face competition for Rafael Leao as Neymar's Al-Hilal willing to pay over €100m to sign AC Milan star

Portuguese outlet OJogo report that the Saudi champions are looking to make the signing of Leao at the request of coach Jorge Jesus, who would like a reunion with his compatriot.

The AC Milan forward has a release clause of €175m (£149m/$189m) which is what the Rossoneri have indicated will be their asking price to interested parties. However, the report suggests that Al-Hilal will offer €100m (£85m/$108m) as their opening bid with Leao's father, Antonio, set to be used as an intermediary between the two sides. Portuguese superagent, Mario Rui, who is related to the royal family, could also play a major role in the conversation with Leao's entourage going forward.

The likes of Chelsea and Paris Saint-Germain are also interested in the services of Leao, however, AC Milan are not ready to negotiate and have suggested that his move will only be possible if the release clause is triggered. This is not a realistic possibility for either club, however, it could be an attainable price for the Saudi Pro League champions.

It is expected that Al-Hilal's first bid will be submitted soon to AC Milan and conversations between all the parties involved will finally kick-off. Meanwhile, Leao has been named in Portugal's squad for Euro 2024.