All Details on the Big Transfer
In a major La Liga transfer coup, Nigeria international Ademola Lookman is set to complete a €40 million move from Atalanta to Atlético Madrid, ending a long transfer saga that saw interest from Turkey’s Fenerbahçe and a protracted negotiation process. The deal, confirmed by multiple sources, is set to be concluded imminently after Lookman arrived in Spain ahead of his medical and contract formalisation.
How the Deal Came Together
After weeks of intense transfer speculation and negotiations, Atlético Madrid and Atalanta have agreed on the structure of Lookman’s transfer, which includes:
- €35 million fixed fee
- Up to €5 million in add-ons
- A long-term contract with the Spanish side
Lookman’s move to the Civitas Metropolitano is expected to be officially announced once the medical and paperwork are finalised.
Lookman’s Decision Over Fenerbahçe
Despite a competitive offer from Fenerbahçe, including lucrative personal terms and a €40m package, reports indicate the Turkish club struggled to meet Atalanta’s payment guarantees — allowing Atlético to secure the deal by agreeing to more favourable terms. Lookman, prioritising his La Liga ambitions and joining a high-profile Spanish project, chose the Atlético pathway.
Contract Details & Next Steps
According to Italian media Repubblica and transfer expert Fabrizio Romano:
- Lookman will sign a four-year deal in Madrid
- His salary is expected to be near €7 million per season
- He will travel to Atlético for medical checks
- The clubs will formalise the contract shortly thereafter
Why This Transfer Matters
A Boost to Atlético’s Attack
Atlético Madrid are reinforcing their forward line amid a highly competitive La Liga title race and a packed schedule, including Champions League fixtures. Lookman’s addition gives manager Diego Simeone more versatility, pace, and creativity in the final third.
Lookman’s Career Progression
The 28-year-old winger has enjoyed a varied European career, rising through the English leagues, starring at RB Leipzig, and flourishing in Serie A with Atalanta. His standout moment came in the 2024 UEFA Europa League Final, where he scored a hat-trick to secure Atalanta’s first European title. He is also a past African Footballer of the Year.
Fan & Market Reaction
Fans and pundits have reacted strongly to the deal, noting:
- Lookman’s proven versatility and ability to play across the frontline
- His experience in high-pressure European matches
- The financial savvy of Atlético in this winter window
The move also highlights Atlético’s ambition to compete with Spain’s elite and make a deeper run in European competition.
What’s Next for Lookman at Atlético Madrid
Once his medical is passed and the contract is signed, Lookman will join Atlético’s first-team squad — potentially debuting in La Liga and European fixtures soon. With his pace, direct running, and goal threat, he is expected to be a key attacking option under Simeone.
Summary
Ademola Lookman’s €40m transfer to Atlético Madrid marks a major moment in the winter transfer window:
- Agreement reached between Atlético and Atalanta
- Lookman opts for Atleti over Fenerbahçe
- €35m + €5m add-ons structure confirmed
- Four-year contract imminent
This move not only strengthens Atlético’s attack but also gives the Nigerian star a fresh stage in one of Europe’s top leagues.
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