Milan presents €15 million offer for Agustín Giay, but Palmeiras refuses to sell

AC Milan has made an official approach for Agustín Giay, tabling a €15 million offer for the 21-year-old right-back. Despite growing European interest in the young Argentine, Palmeiras has firmly rejected the bid, citing long-term plans for the player’s development.
According to reports from Nosso Palestra, the Italian club is the latest in Europe to target Giay, following interest from Zenit Saint Petersburg. However, Palmeiras has no intention of negotiating a sale at this stage.
Palmeiras Sees Giay as Key to Defensive Future
The club views Giay as the natural successor to veterans Mayke and Marcos Rocha and intends to make him a regular starter. Palmeiras’ decision to block the transfer reflects a broader strategy of integrating younger players into the first team as part of its long-term project.
The player is also reportedly uninterested in the move. Sources close to Giay suggest that he believes staying at Palmeiras will provide a better platform to earn a call-up to the Argentine national team.
Transfer Comes Amid Balancing Act for Palmeiras
Although Palmeiras has invested heavily in recent transfer windows most notably bringing in Vitor Roque, the most expensive signing in Brazilian football history the club is also working to balance its finances.
Earlier this window, Richard Ríos was sold to Benfica for around €27.7 million, easing some of the financial pressure. However, Palmeiras remains cautious about letting go of future stars without maximizing both their value and on-pitch contribution.
Giay Under Contract Until 2029
Giay joined Palmeiras from San Lorenzo for €7 million and has since made 40 appearances for the club. While he has yet to register a goal or an assist, he remains highly regarded by the coaching staff for his tactical discipline and potential.
The Argentine defender is under contract until December 2029, giving Palmeiras full control over his future and ensuring that any further interest from Europe will have to meet significantly higher demands.