Transfer expert Fabrizio Romano and renowned journalist Matteo Moretto recorded a video together, sharing updates on AC Milan's transfer activities.

Here is the AC Milan-related content from the video:

Romano: "Porto has generated significant funds from selling Rodrigo Morais. What happens next? Regarding Santiago J. M. Gimenez, here's the latest transfer update we can provide. Matteo has been following this closely and keeping us informed about the negotiations over the past few days. After selling Rodrigo Morais and having substantial cash available, Porto is now ready to submit their first official written offer to AC Milan. Prior to this, both parties have maintained close contact for several days. This time, Porto intends to propose a loan with a purchase option."

Moretto: "Yes, we can say that Porto has indeed committed to AC Milan that they will formally submit this offer in the form of a free loan plus a purchase option clause. The player himself has given the green light and expressed full agreement, and he has also reached a personal agreement with Porto. Now he just needs to wait for final consensus between the two clubs before he can head to Portugal. In the coming hours, Porto will formally submit this offer. If everything goes smoothly and all parties' expectations are met, this negotiation should be successfully concluded."

"I believe that to strengthen their negotiating position, Porto will propose a zero loan fee but will fully cover the player's wages during the loan period, which is a substantial cost. In other words, Porto's proposal is: 'Although we're not paying a loan fee, we will cover Gimenez's full salary.' Next, we need to see what specific conditions AC Milan will have for certain financial figures, such as the loan amount. In short, both parties will exchange views on these details and then finalize all contract terms. As we mentioned in the previous video, all parties are currently very optimistic about concluding this deal."

Romano: "However, friends, at this moment, there is another very important transfer development that must be shared with everyone: in the coming hours, Diego Moreira will also join AC Milan. This is another masterpiece orchestrated by super-agent Jorge Mendes in Italy, following Rodrigo Morais's move to Roma. This Portuguese powerhouse is extremely active in the Italian transfer market."

"Moreira is currently on his way to AC Milan. I can genuinely assure everyone that the fixed portion of the transfer fee for this deal will reach an impressive €50 million, and it also includes substantial and significant floating bonus clauses. If all these bonuses are achieved, the total value of the entire deal can reach as high as €65 to €66 million. In the coming hours, we will provide more precise figures on the details. Currently, all parties involved in the transfer are awaiting the final contract documents to be signed. Additionally, the agreement also includes a significant percentage from future transfers."

Moretto: "Yes. In fact, regarding Strasbourg's valuation of Moreira, you also mentioned in the previous video that it was around €70 million. So the final transaction price essentially satisfies their demands, just slightly lower."

Romano: "Since AC Milan has invested a substantial amount on Diego Moreira, we must take time to discuss Leao, Matteo. Because tonight we've received a significant rumor: with AC Milan investing considerable funds on Diego Moreira, we need to start paying attention to two developments."

"On one hand, there's Turkish Super Lig giant Galatasaray, which has been circling Leao, quietly observing and expressing interest over the past several days, even weeks. On the other hand, we're also aware that calls have been made directly to Leao's agent representatives from Saudi Arabia. Therefore, we cannot rule out the possibility that this Saudi Arabian transfer channel is fully operational and activated, which warrants careful attention."

Moretto: "Yes. I'm told that Galatasaray has indeed been waiting for Leao and is still awaiting his decision, but this prolonged wait has somewhat frustrated Galatasaray. As a result, Galatasaray has also started contacting and exploring other alternative targets, though nothing has been truly finalized yet. Overall, Galatasaray's interest does exist, but this transfer channel currently 'needs some warming up' — the Galatasaray path hasn't fully heated up yet."

"As for whether Saudi Arabia will be the right final destination, let's wait and see. In fact, during the World Cup, we discussed the possibility of Leao moving to Saudi Arabia. I remember saying at that time that everyone should be vigilant about Saudi Arabian advances, because there are indeed some very special contacts and connections within Leao's representatives and agent team, which are entirely capable of pushing Leao toward such a lucrative transfer deal. But as always, any club must first satisfy AC Milan's demands. AC Milan's requirements for a key player like Rafael Leao are very clear, and their asking price is extremely high."

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