Transfer experts Fabrizio Romano and Matteo Moretto have released a video together, providing updates on AC Milan's transfer activity.

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

Romano: "Porto has earned significant funds from the sale of Rodrigo Mora. So what happens next? Regarding Santiago Giménez, this is the latest transfer update we can bring you tonight. Matteo has also been following these negotiations over the past few days: after selling Rodrigo Mora and having sufficient cash on hand, Porto is now ready to submit their first official written proposal to AC Milan. Previously, both sides had maintained close contact for several days. This time, Porto plans to propose a loan deal with an option to buy."

Moretto: "Yes, we can say Porto has promised AC Milan that they will officially send this proposal in writing, in the form of a free loan with an option to buy. The player himself has given the green light, expressing complete agreement, and has also reached a personal agreement with Porto. Now he just needs to wait for the two clubs to reach final agreement before he can fly to Portugal. Porto will officially submit this proposal within hours. If everything goes smoothly and all parties' expectations are met, this deal will be successfully concluded."

"I believe that to strengthen their negotiating position, Porto will propose a zero loan fee, but will cover the player's entire salary during the loan period, which is a significant wage expense. In other words, Porto's position is: 'Although we're not paying a loan fee, we will cover Giménez's full salary. ' Next, we need to see what specific financial requirements AC Milan has, such as regarding the loan fee. In summary, both sides will discuss these details and then finalize all contract terms. As we mentioned in previous videos, all parties are extremely optimistic about completing this deal."

Romano: "However, everyone, there is another extremely important transfer development that must be shared: within hours, Diego Moreira will also be joining AC Milan. This is another masterpiece orchestrated by super-agent Jorge Mendes in Italy, following Rodrigo Mora's move to Roma. This Portuguese agent is extremely active in the Italian transfer market."

"Moreira is currently on his way to AC Milan. I can completely confirm to you that the fixed portion of the transfer fee for this deal will reach an impressive €50 million, plus very significant variable bonus clauses. If all these bonuses are met, the total value of the entire deal could reach an impressive €65 to €66 million. Within hours, we will bring you 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 substantial percentage of future resale fees."

Moretto: "Yes. Actually, regarding Strasbourg's valuation of Moreira, you also mentioned in a previous video that it was around €70 million. So the final transfer fee has essentially met their expectations, only slightly lower."

Romano: "Since AC Milan has invested such an enormous sum in Diego Moreira, we must spend some time discussing Leao, Matteo. Because late tonight, we received a very notable piece of news: with AC Milan investing such an impressive amount in Diego Moreira, we need to pay attention to two developments."

"On one hand, there is Turkish Super Lig giant Galatasaray, who have been following Leao, secretly observing and expressing interest over the past few days, even weeks; but on the other hand, we also know that even from Saudi Arabia, direct calls have been made to Leao's representatives. Therefore, we cannot rule out the possibility that the Saudi transfer channel could be completely activated, which warrants our close attention."

Moretto: "Yes. I understand Galatasaray has indeed been waiting for Leao, and is still awaiting his decision, but this long wait has somewhat frustrated and inconvenienced Galatasaray. That is, Galatasaray has subsequently begun contacting and evaluating other alternative targets, though none have actually been finalized yet. But overall, Galatasaray's interest does exist, it's just that this transfer lane currently 'needs to heat up a bit'; the Galatasaray option hasn't fully warmed up yet."

"As for whether Saudi Arabia will be the right final destination, we'll have to wait and see. Actually, during the World Cup period, we discussed the possibility of Leao moving to Saudi Arabia. I remember saying at that time that people should be alert to Saudi Arabia's aggressive pursuit, because there really are some very special connections within Leao's entourage and representatives' team that could very well push Leao toward such a lucrative deal. But as always, any club must first satisfy AC Milan. AC Milan's demands regarding a key player like Rafael Leao are extremely clear, and their asking price for the transfer fee is very high."

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