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Atletico Madrid Close In on €40m Deal for Atalanta’s Ademola Lookman

Progress followed Fenerbahce’s proposal faltering on guarantees as Atalanta approved Atletico’s payment terms.

Overview

  • Multiple outlets report Atletico improved personal terms and reached an agreement with Atalanta on a structure worth around €35m plus €5m in bonuses.
  • Negotiations with Fenerbahce are widely reported to have halted over payment scheduling and bank guarantees despite a similar overall fee.
  • Lookman was left out of Atalanta’s squad as talks continue, with reports indicating he is now inclined to choose Atletico over Fenerbahce.
  • Fenerbahce had offered a higher salary, reported near €9m per year, but Atletico’s proposal is said to be more acceptable to Atalanta on payments.
  • Atalanta intend to sell only one attacker this window, so a Lookman exit would shape separate talks involving Kamaldeen Sulemana with Roma and Napoli.