Liverpool Enter the Frame for Rafael Leão as Transfer Battle Heats Up

Liverpool are being linked with a sensational move for AC Milan forward Rafael Leão, as per Christian Falk’s latest column in The Daily Briefing. The 25-year-old winger is on the radar of several European giants, with Bayern Munich and Arsenal already holding discussions with the player’s representatives. The Reds, it seems, are now firmly in the conversation.

Falk stated that Bayern sporting figures Max Eberl and Christoph Freund met with Leão’s team on 30 May, the day before the Champions League final. He then added, “Liverpool should also be interested in the player of AC Milan.”

This report places Liverpool alongside two of Europe’s elite in a possible transfer tug-of-war. Arsenal are reportedly lining up Leão as their Plan B should a move for Nico Williams fall through. Bayern, for their part, seem to be actively pursuing the forward.

Now, it’s Liverpool’s name adding weight to what could quickly become one of the summer’s most talked-about sagas.

Leão’s Quality Fits Slot’s Vision

Rafael Leão’s numbers are strong. The Portuguese star scored 12 goals and provided 13 assists across all competitions for Milan in 2024/25. He remains one of Serie A’s most marketable and effective attackers, combining raw pace, technical flair and composure in the final third.

At 25, he fits the age profile Liverpool have often sought in recent windows. His direct style and dynamism would likely appeal to Arne Slot, who delivered Liverpool the Premier League title in his first season by trusting expressive forwards in fluid attacking systems.

Falk also reports that Leão has a €175 million release clause in his Milan contract, but that figure is likely to be negotiable, with around £70million expected to be enough. If Luis Diaz leaves Anfield, Leão could be viewed as a ready-made replacement — and one who arguably offers even greater long-term upside.

Interest Reflects Liverpool’s Ambition

This isn’t the only major attacking name linked with Liverpool in recent weeks. Falk previously revealed that Liverpool had a second bid for Florian Wirtz rejected, with the Bayer Leverkusen star opting for Anfield over significantly more money from Bayern Munich.

That detail, in particular, speaks volumes about the strength of Liverpool’s current project under Slot. To beat Bayern to a player of Wirtz’s calibre on less money suggests a cultural shift and belief in the vision taking shape at Anfield.

Falk’s Leão scoop adds to the narrative that Liverpool are once again shopping at the top shelf, prioritising elite-level attackers who can decide games. The fact that they are linked with both Wirtz and Leão indicates serious intent.

Watch This Space

There has been no confirmed contact between Liverpool and Leão’s representatives yet, but the timing of Falk’s report — directly following Bayern’s meeting — is notable. It implies momentum, and if Diaz edges closer to an exit, that interest could quickly formalise.

With Arsenal and Bayern already active, Liverpool may soon have to make their intentions clear. If they do, a serious bidding war may follow.

Our View – Anfield Index Analysis

Reds fans should be buzzing about this. Rafael Leão isn’t just any wide forward — he’s explosive, intelligent and has the kind of swagger that lights up big games. He’s got Champions League experience, Serie A pedigree and is only just entering his prime. If there’s a chance to get him, Liverpool have to be in the mix.

It’s also refreshing to see us being linked with proper elite talents. No more “one for the future” gambles — these are players who could start for any club in Europe right now. If Wirtz chose us over Bayern and we’re now looking at Leão, something very special is happening under Arne Slot.

If Diaz goes, it’ll sting, but imagine a front line of Salah, Nunez, Gakpo and Leão. That’s as strong as it gets. Even better, if we keep Diaz and add Leão, we’re talking about the deepest attack since the peak Klopp days.

Falk’s reports have weight. This isn’t idle speculation. The interest is real, and so is the excitement.