Everton, Wolverhampton Wanderers 'quoted £50m for Rafael Leao'

Premier League pair Everton and Wolverhampton Wanderers have reportedly been told by AC Milan to pay £50m for forward Rafael Leao.

The 21-year-old recently emerged as a rumoured target for both clubs after scoring his sixth Serie A goal of the campaign, adding to the five assists that he has accrued.

Everton are said to be looking for someone capable of playing alongside Dominic Calvert-Lewin and Richarlison, while Wolves have struggled to fill the void left by long-term injury absentee Raul Jimenez.

However, Calciomercato claims that Milan will not sell Leao on the cheap, with double the £25m they paid to Lille to sign the Portuguese youngster likely to be required.

Leao, yet to be capped by Portugal at senior level, has scored 13 goals in 66 appearances for Milan overall since arriving two years ago.