Ademola Lookman, the Super Eagles forward, has been the subject of transfer speculation for months, with Atlético Madrid reportedly interested in securing his services. The 27-year-old Nigerian international has been in top form for Atalanta, scoring goals and providing assists in a standout season. However, despite the excitement surrounding a potential move to the Spanish giants, financial constraints may make this deal unlikely to materialize.
Milan, Italy – April 20: Ademola Lookman of Atalanta Bc controls the ball during the Serie A match between AC Milan and Atalanta at Giuseppe Meazza on April 20, 2025 in Milan, Italy. (Photo by sportinfoto/DeFodi Images/DeFodi via Getty Images)
Ademola Lookman’s Stellar Season at Atalanta
Ademola Lookman has been a revelation since joining Atalanta from RB Leipzig in 2022. In the current season, he has been one of the standout performers in Serie A, scoring 18 goals and providing 7 assists in 32 appearances. His remarkable form has made him one of the most sought-after forwards in Europe.
Lookman’s pace, vision, and finishing ability have caught the attention of several top European clubs, with reports linking him to teams like Paris Saint-Germain, Arsenal, and Manchester United. But Atlético Madrid, despite their interest, face significant challenges in financing a move for the forward.
Milan, Italy – April 20: Ademola Lookman of Atalanta Bc controls the ball during the Serie A match between AC Milan and Atalanta at Giuseppe Meazza on April 20, 2025 in Milan, Italy. (Photo by sportinfoto/DeFodi Images/DeFodi via Getty Images)
Atlético Madrid’s Financial Struggles: A Hurdle for Lookman’s Transfer
The primary obstacle to Atlético Madrid securing Lookman’s signature lies in the club’s financial situation. Last summer, Atlético Madrid spent over €180 million on transfers, including notable signings. However, with La Liga’s strict financial regulations and spending limits, the club must now focus on reducing its wage bill. Reports suggest Atlético would need to cut approximately €56.1 million from their wages to meet the league’s financial compliance.
BERGAMO, ITALY – APRIL 27: Ademola Lookman of Atalanta disappointment during the Serie A match between Atalanta and Lecce at Gewiss Stadium on April 27, 2025 in Bergamo, Italy. (Photo by Image Photo Agency/Getty Images)
These financial constraints make it difficult for Atlético Madrid to consider a €60 million move for Ademola Lookman without selling key players. The club’s spending spree in recent windows, combined with the need to balance the books, has made them one of the least favorites to land the Super Eagles star.
Alternative Transfer Options for Lookman
Given Atlético Madrid‘s financial limitations, Ademola Lookman may consider other options for his next move. The Nigerian forward has several suitors, including Paris Saint-Germain, Arsenal, and Manchester United, who have all shown interest in securing his services.
MILAN, ITALY – APRIL 20: Ademola Lookman of Atalanta in action during the Serie A match between AC Milan and Atalanta at Stadio Giuseppe Meazza on April 20, 2025 in Milan, Italy. (Photo by Marco Mantovani/Getty Images)
The current financial instability at Atlético Madrid makes it more likely that Lookman will opt for a move to a club with more flexibility in terms of finances. Atalanta is reportedly open to offers, but Lookman’s price tag of €60 million is more attainable for clubs with greater financial resources.
MILAN, ITALY – APRIL 20: Ademola Lookman of Atalanta BC looks on during the Serie A match between AC Milan and Atalanta BC at Stadio Giuseppe Meazza on April 20, 2025 in Milan, Italy. (Photo by Marco Luzzani/Getty Images)
Conclusion: Lookman’s Future Beyond Atlético Madrid
While Atlético Madrid has been linked with Ademola Lookman, the club’s financial constraints and recent spending sprees make them unlikely to land the Super Eagles star. Lookman’s impressive form at Atalanta has attracted interest from some of Europe’s elite clubs, and his next move could take him to a team with fewer financial limitations. As the summer transfer window approaches, it will be interesting to see where Lookman’s future lies, but it’s clear that Atlético Madrid is no longer at the top of the list.