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Atletico Madrid on alert as Atalanta lower Ademola Lookman’s price tag – report

by Kelvin Omachonu
January 27, 2026
in La Liga, News, NewsNow, Nigeria, Serie A, This Week, Top, Transfers
Atletico Madrid on alert as Atalanta lower Ademola Lookman’s price tag – report

Ademola Lookman scores and celebrates his teams first goal the UEFA Champions League 2025/26 League group Phase match between Eintracht Frankfurt and Atalanta, (Photo by Imago)

Serie A side Atalanta have lowered their valuation of Super Eagles attacker Ademola Lookman as interest from several top European clubs continues to mount, Soccernet.ng reports.

​Lookman’s future has been a subject of intense speculation over the past year, fueled by his stellar performances for La Dea.

The 28-year-old forward has been a remarkably consistent performer for the Bergamo-based club, contributing 55 goals and 27 assists in 136 appearances.

Ademola Lookman celebrates with teammates
Ademola Lookman celebrates with teammates. Copyright: xNicolòxCampox

​Recall that last summer, Lookman was heavily linked with a move to Inter Milan, but Atalanta blocked the transfer.

The club stood firm on a €50 million release clause — a figure the Nerazzurri were unwilling to meet.

Ademola Lookman of Atalanta
Ademola Lookman of Atalanta (Photo credit: Imago)

Consequently, Lookman remained at the Gewiss Stadium, but the transfer saga seemed to take a toll on him, as evidenced by a noticeable decline in his goal involvements this season.

​Despite the dip in form, interest in the former Everton man remains high. Several clubs are currently weighing up a move for the Nigerian international during the January transfer window.

​According to transfer specialist Ekrem Konur, Atalanta have now reduced their asking price to €35 million.

🚨#Atalanta 🇳🇬 Ademola Lookman – wants to leave!

📌 Atalanta have lowered their expectation to €35M for the Nigerian forward.

⚡️ After returning from AFCON, Lookman informed the club he wants to depart. pic.twitter.com/chPkUJBj3u

— Ekrem KONUR (@Ekremkonur) January 26, 2026

This price drop comes as little surprise given Lookman’s recent struggles, but the new valuation remains a tantalizing prospect for his numerous suitors.

Ademola Lookman:​Galatasaray Enter the Race as Atletico Madrid Keep Tabs

​According to transfer expert Fabrizio Romano, Atletico Madrid are long-term admirers of Lookman and are considering a move for the versatile forward.

🚨🇳🇬 ADEMOLA LOOKMAN

Fabrizio Romano: “He’s a player Atlético Madrid have always liked. The player is focused on the Champions League. We’ll see what happens from Thursday onwards.”

Matteo Moretto: “We’ll see, we'll see (laughs). From Thursday onwards…”

[via @DAZNFutbol] pic.twitter.com/WHeyDfssx5

— Atletico Universe (@atletiuniverse) January 26, 2026

However, the Spanish giants are yet to initiate formal contact with either Atalanta or the player's representatives regarding a deal.

​On the other hand, Turkish champions Galatasaray have been active behind the scenes, pulling strings to secure the Nigerian’s services, though nothing concrete has materialized just yet.

Atalanta's Ademola Lookman
Atalanta's Ademola Lookman. Photo by Imago

​With roughly 18 months remaining on his current contract, Atalanta are well aware that they must cash in soon to avoid the risk of losing their star man for free.

Tags: Ademola LookmanAtalantaAtletico MadridGalatasarayTransfers
<!-- Author Start -->Kelvin Omachonu<!-- Author End -->

Kelvin Omachonu

Kelvin Omachonu is a professional football columnist and sports writer with over half a decade of experience covering major events and delivering captivating, analytically-driven stories. A graduate of the University of Ibadan, he is fueled by a profound dedication to sports journalism and the beautiful game. His insights have previously been featured in respected outlets, including IndyPress UI, UCJ UI Newshive NG, Sportpremi, and a few others. Away from work, Kelvin is an avid fan of basketball, enjoys a great movie, and is always discovering new music.

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