"Bayern Munich were one from a laundry list of clubs throughout Europe that had expressed interest in the Nigerian international, and their interest has spanned throughout the course of different windows. However, per information from Sport Bild's Christian Falk and Bild's Julian Agardi, the German Rekordmeister actually had an agreement in place to sign Lookman from Atalanta between the player himself and his management, which is the ROOF agency."
"Lookman was ready to make the move to Munich and very much wanted to join the Bundesliga champions, but finances ultimately prevented a move from happening in the end. Atalanta did not want to allow a move to occur under the offer that Bayern had presented at the time of a loan with an option to buy for a package of worth roughly 28 million euros."
"From the top down, Bayern board member for sport Max Eberl was only granted limited resources to try to get Lookman on loan, as it had become a policy at a certain point in the transfer window to only try to get loan deals done. In the case of Lookman with Atalanta strongly preferring a permanent sale, Eberl was always up against it to try."
Ademola Lookman emerged as a highly sought-after winger in European football after progressing through Charlton's academy. His career included loan spells and permanent moves across multiple top clubs including Everton, RB Leipzig, Fulham, Leicester City, Atalanta, and Atlético Madrid. Bayern Munich consistently expressed interest in acquiring Lookman across multiple transfer windows. Bayern reached an agreement with Lookman and his ROOF agency for a move from Atalanta. However, Bayern's limited financial resources and preference for loan arrangements conflicted with Atalanta's demand for a permanent transfer. Atalanta rejected Bayern's loan-with-option-to-buy proposal worth approximately 28 million euros, ultimately selling Lookman to Atlético Madrid for 35 million euros instead.
Read at Bavarian Football Works
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