Done Deal: AC Milan hand Colombo to Genoa in 10m agreement

Milan have shaken hands with Genoa to hand over Lorenzo Colombo on loan with an option to buy, becoming an obligation if conditions are met, at a cost of €10m.

According to Calciomercato.com’s Milan correspondent Daniele Longo, the clubs are already exchanging documentation and the striker is flying back from their pre-season tour to undergo a medical.

The negotiations had been at an advanced stage and were completed this afternoon.

It is going to be a paid loan with option to buy for a total of €10m.

This becomes an obligation if Genoa manage to secure their Serie A status at the end of the season.

Colombo hoping to flourish at Genoa

VERONA, ITALY – DECEMBER 08: Lorenzo Colombo of Empoli FC scores his team fourth goal during the Serie A match between Verona and Empoli at Stadio Marcantonio Bentegodi on December 08, 2024 in Verona, Italy. (Photo by Alessandro Sabattini/Getty Images)

The 23-year-old had also been linked with Parma over the last few weeks, but Genoa came out on top with a deal.

Colombo is a product of the Milan youth academy who has been on a series of loan experiences since 2021 for Cremonese, SPAL, Lecce, Monza and most recently Empoli.

That had been his most prolific top flight campaign with six goals in 37 Serie A appearances, but was not enough to prevent Empoli’s relegation.