Fenerbahce has intensified its efforts to sign Atalanta forward Ademola Lookman, preparing an ambitious opening bid to lure the Nigerian international to Istanbul during the January 2026 transfer window. According to Sport Mediaset journalist Orazio Accomando, the Turkish powerhouse is ready to table a proposal structured as a €5 million paid loan with a subsequent purchase option or obligation valued at €37 million. This total package, reaching €42 million, underscores Fenerbahce’s commitment to securing high-profile talent as they look to bolster their offensive lineup for a domestic and European title charge.
The 28-year-old winger has emerged as a priority target for the Yellow Canaries following his sustained excellence in Serie A and his historic hat-trick that secured the 2024 UEFA Europa League title for the Bergamo club. While negotiations remain in the preliminary stages, the structure of the deal remains a primary point of discussion. Atalanta officials reportedly favor an immediate permanent sale to maximize the player’s current market value, rather than a temporary arrangement that postpones a full transfer fee.
“Atalanta would prefer a permanent transfer, but developments remain possible,” Sport Mediaset added regarding the ongoing talks.
Atalanta values the former Fulham and Leicester City man highly and remains reluctant to sanction his departure mid-season unless they receive an offer that satisfies their specific financial requirements. Lookman has already registered significant interest from other major European clubs, but Fenerbahce has now taken the most concrete steps to test the Italian side’s resolve. The move would also represent a significant cultural shift for the forward, potentially bringing him into a direct Istanbul rivalry with his national teammate Victor Osimhen, who currently stars for Galatasaray.
Lookman continues to enhance his reputation on the international stage at the 2025 Africa Cup of Nations (AFCON) in Morocco. He stands as one of the tournament’s most prolific performers, amassing three goals and four assists to help guide the Super Eagles into the quarter-finals. His sensational form has not only solidified his status as a frontrunner for the Player of the Tournament award but has also accelerated the interest of clubs like Fenerbahce, who view his current momentum as an ideal asset for their January recruitment drive.
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