Atletico Madrid have agreed a deal with Atalanta to sign Ademola Lookman, the Spanish club announced on Sunday.
“Both clubs have agreed to the transfer of 28-year-old Nigerian international Ademola Lookman, who is already in Madrid,” Atletico said in a statement.
“The agreement is pending a medical examination and the signing of his contract,” it added.
Lookman, who scored a hat-trick as the Italian side defeated Bayer Leverkusen to win the Europa League in 2024, is expected to cost Atletico around €40 million ($47.5 million), according to media reports.
He played a major role in Nigeria’s impressive campaign at the 2025 Africa Cup of Nations in Morocco.
The winger has scored three goals in 19 matches across all competitions this season for Atalanta.
Born in London, Lookman began his career at Charlton Athletic before joining Everton.
After a loan spell at RB Leipzig, he signed permanently for the German side in 2019 but was later loaned to Premier League clubs Fulham and Leicester City before moving to Atalanta in 2022.
Atletico coach Diego Simeone has been seeking additional reinforcements after Giacomo Raspadori left for Atalanta and Conor Gallagher joined Tottenham earlier in the winter transfer window.
Meanwhile, Rojiblancos striker Julián Álvarez is enduring a goal drought, having failed to score in his last 11 La Liga appearances.
