Al-Nassr, backed by the PIF fund, made an offer of 100 million euros for Rafael Leao. The club is interested in bringing Leao to Saudi Arabia, where he would join Cristiano Ronaldo, his national team companion. Tuttosport reported this interest, and L'Equipe confirmed Milan's rejection of the offer. Milan considers Leao a key player and decided not to let him go.

Al Nassr attempted to sign Rafael Leão with a transfer fee offer ranging from 70 to 85 million Euros. However, AC Milan rejected any negotiations due to the short notice. Leão has a contract with AC Milan until 2028, which includes a release clause of 175 million Euros.