Chelsea appear to have lost significant leverage in the race to sign Rafael Leao this summer. The AC Milan star was heavily linked with a move to Stamford Bridge in the summer but a move failed to materialise.
Leao, who sees his contract with the Rossoneri expire at the end of next season, has been closely watched by the Blues since he joined Milan in 2019, football.london understands. The Portugal international and the Italian side have been in talks over an extension for a while now, and it's said that they've finally reached an agreement which keeps him at the San Siro for a further five-years.
However, that has not stopped Chelsea from trying their luck. According to reports from Italy, Leao was told to pay Sporting CP €20million (£17.5million) after he walked away from the club free of charge in 2018 to join Lille.