The attacker has fallen out of favor with Milan boss Paulo Foneseca in recent weeks.
According to Milan Live, Manchester United could be one of the teams ready to bid for Leao's signature.
The Portuguese forward has been in very good form for the Rossoneri in recent seasons.
Arsenal and Barcelona are two other clubs pursuing him in the market.
While United may have the biggest interest, their current position in the Premier League could deter Leao from making the move.
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