The North London title charge is getting a major injection of Portuguese flair. As of February 22, 2026, reports from FootballTransfers and TuttoSport confirm that Arsenal has opened direct talks to sign AC Milan superstar Rafael Leão in what would be the landmark deal of the upcoming summer window.
The Andrea Berta Factor
The move has gained serious momentum following the involvement of Arsenal’s Sporting Director, Andrea Berta.
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Face-to-Face Talks: Berta has reportedly already held direct meetings with Leão’s representatives.
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The Frontrunner: While Manchester United (backed by INEOS) is also keeping a close eye on the 26-year-old, Arsenal is currently the “clear favorite” due to their advanced negotiations and the appeal of Mikel Arteta’s project.
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Player Stance: While Leão remains professionally committed to Milan, he has reportedly instructed his camp to “engage in negotiations” for a Premier League switch after seven years in Italy.
Price Tag and Contract Status
AC Milan, traditionally reluctant to sell their “Little Ronaldinho,” appears to have softened its stance as Leão approaches the final two years of his contract.
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The Fee: Milan has reportedly set an asking price of €75M–€80M.
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Contract Clock: With his current deal set to expire in June 2027, this summer represents the last chance for the Rossoneri to command a premium transfer fee.
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Season Form: Leão remains lethal, currently tied with Christian Pulisic as Milan’s top scorer with 8 goals in 18 Serie A appearances this season.
Tactical Fit at the Emirates
Mikel Arteta is reportedly looking for a “game-breaker” on the left wing to provide consistent competition and variety alongside Gabriel Martinelli and Leandro Trossard.
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The Upgrade: Analysts suggest Leão’s explosive 1v1 dribbling and transition speed are the “missing pieces” for Arsenal to consistently break down low-block defenses in the Champions League.