Portuguese striker Gonçalo Ramos has officially completed a blockbuster transfer from Paris Saint-Germain (PSG) to AC Milan in a deal worth €74 million plus performance-related add-ons, making him the most expensive signing in the Italian club’s history.
The transfer is one of the biggest deals of the 2026 summer transfer window and highlights AC Milan’s determination to strengthen their squad as they aim to compete for major domestic and European honours.
Ramos has reportedly signed a long-term contract that will keep him at the San Siro until 2031. The Portuguese international completed his medical while away with Portugal during the 2026 FIFA World Cup before the move was officially announced.
The 25-year-old arrives in Italy after an impressive spell with PSG, where he won several domestic trophies and played a key role in the club’s success. Although he faced stiff competition for places in a star-studded squad, Ramos consistently delivered whenever given opportunities, earning a reputation as one of Europe’s most reliable finishers.
Before joining PSG in 2023, Ramos made his name at Benfica, where he developed into one of Europe’s most promising young strikers. His breakthrough on the international stage came during the 2022 FIFA World Cup when he scored a stunning hat-trick against Switzerland in the Round of 16, cementing his status as one of Portugal’s brightest attacking talents.
AC Milan view Ramos as the ideal player to lead their attack for years to come. Known for his intelligent movement, clinical finishing, aerial ability and relentless work rate, he possesses the qualities needed to thrive in Serie A and the UEFA Champions League.
The transfer also reflects Milan’s growing ambition in the transfer market. By investing €74 million plus add-ons, the Rossoneri have broken their previous transfer record, demonstrating their commitment to building a squad capable of challenging for the Serie A title and competing with Europe’s elite clubs.
For the club’s supporters, Ramos’ arrival is expected to generate significant excitement. Milan have been searching for a consistent goal scorer capable of delivering in both domestic and European competitions, and the Portuguese forward is expected to become a central figure in the team’s attacking plans.
Meanwhile, PSG receive a significant financial return after signing Ramos from Benfica just a few years ago. The French champions continue to reshape their squad as they prepare for another campaign in Ligue 1 and the UEFA Champions League.
As Gonçalo Ramos begins this new chapter at AC Milan, expectations will be high. With his proven goal-scoring ability, experience at the highest level and hunger for success, the Portuguese international will be expected to justify his record-breaking price tag and help restore Milan to the top of European football.