Fenerbahce Ademola Lookman pursuit intensifies as Turkish side prepares €5m loan offer with potential €37m transfer

Fenerbahce are intensifying their pursuit of Nigeria international Ademola Lookman and preparing an opening bid to secure the Atalanta forward in the January transfer window.

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According to Italian journalist Orazio Accomando of Sport Mediaset, the Turkish side is ready to table a paid loan offer worth €5 million, with a potential or conditional obligation to buy set at €37 million (approximately N62 billion).

Talks remain at an early stage, but Fenerbahce have made Lookman a priority target to reinforce their attack.

Atalanta, however, favour a permanent transfer over a temporary deal.

The Bergamo-based club value Lookman highly following his performances in Serie A and European competitions and are hesitant to accept any arrangement that delays a full sale unless the terms are particularly favourable.

The Nigeria international is currently at the Africa Cup of Nations, where he remains a key figure for the Super Eagles, but growing interest from abroad has intensified speculation over his future.

Last summer, Lookman was heavily linked with a move to Inter Milan and reportedly attempted to force a transfer.

Inter did not meet Atalanta’s valuation, and the player remained in Bergamo.

Progress in the current talks will depend on whether Fenerbahce are willing to convert the loan proposal into a straight transfer or include an obligation to buy under achievable conditions.

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For now, negotiations are not yet advanced, but Fenerbahce’s readiness to commit significant funds suggests the situation could evolve quickly in the coming days.