Nigeria forward Ademola Lookman has completed his medical in Spain as he edges closer to sealing a €40 million transfer from Atalanta to Atletico Madrid.
Ademola Lookman, 28, arrived on Sunday to undergo medical examinations while Atalanta were in Serie A action against Como.
The Italian club and Atletico reached a full agreement on Saturday, with the deal structured as a €35 million fixed fee plus €5 million in performance-based add-ons.
According to La Repubblica, Lookman has agreed to a four-year contract worth €7 million per season, marking a salary rise of more than 300 per cent from the £2.13 million he earned annually in Italy.
Ademola Lookman in Madrid on Sunday, February 1.
The Nigerian international had been widely expected to leave Bergamo, with Turkish giants Fenerbahce also pushing strongly for his signature before Atletico matched Atalanta’s valuation.
Transfer expert Fabrizio Romano confirmed that Atletico met the €40 million offer previously tabled by Fenerbahce, with negotiations moving swiftly to completion.
“Fenerbahce have still not agreed on payment terms and bank guarantees. Atletico are ready. Salary proposal to Lookman from Atletico has also been improved,” Romano wrote.
The transfer follows the collapse of talks between Atalanta and Fenerbahce on Friday night, despite the Turkish side’s willingness to invest heavily in the forward.
Lookman leaves Atalanta after three and a half seasons, having scored 55 goals in 137 appearances.
One of his most memorable moments came in the 2024 Europa League final, where he netted a historic hat trick against Bayer Leverkusen to deliver the club’s first major European trophy.
Lookman, who was crowned African Player of the Year in 2024, began his professional career at Charlton Athletic, making his senior debut in 2015, before joining Everton two years later. He scored on his Premier League debut but struggled to secure a regular place following an £11 million move.
A loan spell at RB Leipzig in early 2018 reignited his form, leading to a permanent transfer to the Bundesliga side in July 2019 for £22.5 million.
However, his first full season in Germany proved challenging, as he managed only one Bundesliga start in a campaign disrupted by the coronavirus pandemic.
He later returned to the Premier League on loan with Fulham and Leicester City before joining Atalanta, where his career flourished and his reputation as one of Europe’s most dangerous forwards was firmly established.
