Rafael Leão has officially left Milan for Galatasaray, with both clubs confirming the move this morning and the financial terms now made public.
The exit had felt done since the winger was paraded at the stadium last night, but the announcement puts the numbers on record. For a player who has carried so much of Milan's attacking output in recent years, the figures are the part fans will want to weigh.
Galatasaray confirmed on their X account that the two clubs agreed a deal worth €38m. That sits well below the €60m Milan were reportedly asking earlier this month, a gap that shapes how the sale reads.
The structure softens it only slightly. Milan have kept a 20% sell-on clause, meaning they take a fifth of any future profit Galatasaray make on the player. Should the Turkish side move him on for €60m down the line, that clause would return roughly €5m, still short of the fee Milan were holding out for in the first place.
Set against those early demands, €38m looks like a club that wanted the deal done more than it wanted to hold the line. It is possible the asking price was never as firm as it appeared, and the true state of the negotiation may never be fully known. Either way, the accepted figure lands on the low side.
For a player of Leão's profile and standing at the club, closing this at €38m plus a modest sell-on is business Milan will have to justify by what they do with the money next.