Atalanta have reportedly turned down an offer from Bayern Munich for Nigerian forward Ademola Lookman.
According to multiple sources, the German champions submitted a proposal for a paid loan deal with an option to buy for €28 million at the end of the season. However, Atalanta are holding out for a permanent transfer worth around €50 million and are not interested in a loan arrangement.
Tottenham Hotspur and Galatasaray are also said to be monitoring the situation and could submit direct bids for the 26-year-old.
Lookman, who had a standout season with Atalanta, was reportedly promised a move this summer—but only to a club outside Serie A. This clause led Atalanta to reject an earlier €42 million plus €3 million in bonuses offer from Inter Milan.
Tensions have escalated in recent weeks, with reports claiming Lookman has been training separately after going AWOL for a period in protest over his stalled transfer.
