Agustin Canobbio is linked with a move to Milan following Athletico Paranaense's relegation to the second division in Brazil. Reports from Uruguay strongly associate his profile with Milan, who are in the market for a winger. According to Uruguayan colleagues from El Observador, Milan would spend about 4.5 million euros, with approximately 450,000 euros allocated to his former club, Penarol. However, these details have not been directly confirmed.

South American football expert Sabatino Durante has indicated that sources in Uruguay report Agustin Canobbio is very close to joining Milan. Canobbio is characterized as a classic winger, known for his speed and agility, and is potentially viewed as an alternative or replacement for Leao at Milan. However, Durante has expressed skepticism about the move, questioning its appropriateness because Canobbio's team, Athletico Paranaense, was relegated at the end of the year. He suggested that Milan should consider other profiles, implying that Canobbio might be more fitting for a team battling against relegation.