AC Milan have agreed a deal with Paris Saint-Germain to sign Portuguese centre-forward Gonçalo Ramos for a fee that will make him the most expensive player in the club’s history. Italian reports place the fixed portion at around €50 million, with bonuses that could lift the total to between €60 million and €70 million, surpassing the €49.5 million paid for Rafael Leão in 2019. Ramos has already completed part of his medical in Florida, where he is preparing with Portugal for a World Cup qualifier against Colombia, and the transfer is described as fully concluded by multiple outlets.

The acceleration came after days of direct contact between Milan’s ownership and PSG. Gerry Cardinale, the club’s president, presented an official offer to Nasser Al-Khelaïfi, moving decisively to head off interest from Atlético Madrid. The Portuguese agent Jorge Mendes helped structure the terms, and Ramos was persuaded by the prospect of a central role under his compatriot, new Milan coach Rúben Amorim. French media note that the 24-year-old will be the first significant departure from the French champions this summer, having struggled to hold down a regular starting place despite winning two Champions League titles and scoring 45 goals in 131 appearances, many as a substitute.

Milan’s push for Ramos comes after a fifth-place Serie A finish left the club outside the Champions League places, intensifying the need for a statement signing. Spanish outlets highlight that the arrival immediately clouds the future of Mexican striker Santiago Giménez, who could be sold, while Portuguese press underline Ramos’s pedigree as a Champions League winner and a player Amorim specifically requested. The investment is seen in Italy as a direct response to supporter frustration and a signal that Cardinale intends to fund a rapid rebuild.

Ramos will sign a long-term contract worth approximately €4 million net per season, matching his current PSG salary. The record fee, which could rise further with performance-related add-ons, resets Milan’s financial benchmarks and may force the departure of Leão to help balance the accounts. For Amorim, who takes charge of his first pre-season in July, the Portuguese international provides the focal point his system demands.

Ramos remains on World Cup duty with Portugal in North America and will link up with his new club after the tournament. The deal is expected to be formalised in the coming days, with the striker set to lead Milan’s attack as the club targets a return to the Champions League.