Lookman negotiations between Fenerbahce and Atalanta unsuccessful

Originally posted on Football Italia | By Peter Young | Last updated Jan 31, 2026 4:42 AM ET

Reports in Italy claim that negotiations between Fenerbahce and Atalanta for Nigeria international Ademola Lookman have ground to a halt and that currently, the deal is unlikely to progress any further.

Lookman unlikely to leave Atalanta for Fenerbahce

According to recent updates, Fenerbahce have been pushing to sign Lookman from Atalanta before the close of the January transfer window.

Yesterday’s reports claimed that there was a meeting between representatives from Fenerbahce and Atalanta on Friday, and that the Turkish club were prepared to invest around €40m on the signing of the 28-year-old.

BERGAMO, ITALY – OCTOBER 28: #7 Atalanta BC scores their team’s first goal during the Serie A match between Atalanta BC and AC Milan at New Balance Arena on October 28, 2025 in Bergamo, Italy. (Photo by Marco Luzzani/Getty Images)

However, according to updates from Gianluca Di Marzio late on Friday night, negotiations between Fenerbahce and Atalanta for Lookman have now come to a ‘definitive’ halt.

There is no agreement in place on payment between the two clubs, nor on the bank guarantees that would be needed for the transfer to go ahead.

Atletico Madrid had also expressed an interest in signing Lookman this month, but it remains to be seen whether Diego Simeone’s side will come back in with a formal offer before the close of the January window.

If Lookman were to stay in Bergamo, Atalanta would be more likely to sanction the exit of Kamaldeen Sulemana, who has been linked with moves to both Roma and Napoli this month.

This article first appeared on Football Italia and was syndicated with permission.

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