Fenerbahçe Set to Break Transfer Record for Ademola Lookman: €40m Deal Agreed

Fenerbahçe Set to Break Transfer Record for Ademola Lookman: €40m Deal Agreed

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Fenerbahçe Set to Break Transfer Record for Ademola Lookman: €40m Deal Agreed
Ademola Lookman during an Atalanta match. Photo: Marco Luzzani/Getty Images

The Atalanta star snubbed Manchester United and Atlético Madrid to join the Turkish giants in a historic move.

Fenerbahçe have reached a sensational agreement with Atalanta to sign Nigerian international Ademola Lookman, according to transfer expert Matteo Moretto. In a move that has sent shockwaves across Europe, the Istanbul giants are poised to complete the most expensive signing in the club’s history.

The Financial Landmark

The total package for the 28-year-old forward is worth €40 million. The deal is structured as a €35m fixed fee plus an additional €5m in performance-related bonuses. This transaction marks the largest investment ever made by Fenerbahçe, trailing only Victor Osimhen’s move in the overall history of Turkish football.

Snubbing the Giants

Ademola Lookman is close to joining Fenerbahçe
Ademola Lookman is close to joining Fenerbahçe. Photo: Marco Luzzani/Getty Images

Lookman’s move to Turkey comes as a surprise to many, given the heavy interest from Europe’s elite. Manchester United, Atlético Madrid, and Tottenham all reportedly inquired about the winger during the January window. However, the project at Fenerbahçe combined with a guaranteed starring role convinced the former Leicester City and Everton man to make the switch.

The Final Hurdle

While the agreement between the clubs was finalized this Friday, French outlet L’Équipe suggests that a few bureaucratic steps remain. Atalanta are currently waiting for the final financial guarantees from the Turkish side before officially clearing Lookman for his medical.

Once the formalities are completed, Lookman is expected to sign a four-and-a-half-year contract, tying him to the Şükrü Saracoğlu Stadium until 2030.

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