Team Talk reported that AC Milan showed interest in signing Joao Felix as their main target for this transfer window. The club expressed their desire to have Joao Felix as their primary target because their new manager, Sergio Conceicao, greatly admired his Portuguese compatriot. Jorge Mendes, who is the agent for both Conceicao and Felix, was involved in facilitating the transfer. Milan sought a loan with an option to buy, offering between €35 million and €40 million, while Chelsea demanded either a permanent transfer or a loan with obligation. Negotiations were set to continue as the February 3 transfer deadline approached.

AC Milan have reportedly stepped up their interest in Chelsea forward Joao Felix after turning down the chance to sign Manchester United outcast Marcus Rashford. Calciomercato have revealed that Milan are eager to sign Felix on loan with an obligation to buy for €35m in July 2026. They are hoping to sign Felix on an initial six-month loan deal in January, which would need to be renewed by a further year this summer, before landing him on a permanent deal.

Team Talk has reported on the potential transfer of Joao Felix to AC Milan as an alternative to Marcus Rashford. Joao Felix is considered a primary target for AC Milan in place of Marcus Rashford. It has been revealed that Milan has reached out to Chelsea to discuss a possible move in January. Sergio Conceicao, the new manager at AC Milan, is said to be a great admirer of Felix. It is suggested that Jorge Mendes, who represents both Conceicao and Felix, might assist in facilitating the transfer. Milan is reportedly aiming to secure Felix on loan with an option to buy, whereas Chelsea is leaning towards a permanent transfer or a loan with an obligation to buy. The negotiations are currently ongoing.

João Félix is gaining traction as a reinforcement for Milan. According to Gazzetta dello Sport, the Portuguese forward is the main target for the attack, and the formula to bring him to Italy has been defined. The Italian newspaper reports that Sérgio Conceição had specifically requested João Félix, as he knows him well and values his versatility for the offensive sector. The Rossoneri are making every effort to satisfy Conceição. Negotiations are being assisted by Jorge Mendes, who is also Sérgio Conceição's agent. The deal is expected to involve a loan with a purchase option of 35 million euros in June 2026. Félix has had fewer minutes at Stamford Bridge than he desired, despite receiving praise from Enzo Maresca. The Italian club could potentially rejuvenate his career after he returned to Chelsea last summer from Atlético Madrid for 52.5 million euros.