Superagent Jorge Mendes is keen to lower AC Milan winger Rafael Leao’s release clause by €30m (£26m) to €120m (£104m), according to Calciomercato.com.

The representative of the Chelsea transfer target is currently locked in talks with Milan over a contract extension, which would see the Portuguese player’s salary increase from €1.5m (£1.3m) a year to €7m (£6m).

However, as part of the negotiations, Mendes is trying to get a “concession” that would reduce Leao’s buyout fee and consequently make a move away from the San Siro more likely next summer.

The Rossoneri’s technical director Paolo Maldini revealed last month that Chelsea did make an approach for Leao during the last transfer window, but it is believed that he would only have left if the existing €150m (£130m) clause was triggered.

The reason why Milan may well be open to lowering the release fee is due to the fact that the winger’s contract expires in 2024. If he doesn’t sign a new deal, the Serie A champions would have little choice but to sell for a much lower price next year.