Ademola Lookman was the most expensive Serie A sale of the 2026 January transfer window, but Napoli could match the same fee if Lorenzo Lucca’s loan move to Nottingham Forest is made permanent. Here is a reminder of the most expensive departures of the winter transfer window.
The Serie A transfer window came to a close at 19.00 GMT on Monday, February 2. Lookman was the second most expensive deadline day transfer in the world with his €35m switch from Atalanta to Atletico Madrid (not including bonuses).
Lazio were among the most active Serie A sides during the January transfer window, and raised just shy of €60m through their sales of Taty Castellanos to West Ham and Matteo Guendouzi to Fenerbahce.
Official: West Ham United announce the signing of Taty Castellanos on a permanent deal from Lazio (picture via www.whufc.com)
Lorenzo Lucca is an interesting case, as he was technically bought outright by Napoli from Udinese, and then sent out on loan to Nottingham Forest with an option to buy. His two moves this month could turn out to be worth in excess of €60m.
Here are the most expensive permanent sales of the January transfer window, and a list of the most significant loans with option to buy.
Most expensive permanent sales of Serie A January transfer window
Atletico Madrid confirm Ademola Lookman’s signing from Serie A side Atalanta.
Ademola Lookman: Atalanta → Atletico Madrid €35m
Taty Castellanos: Lazio → West Ham €29m
Matteo Guendouzi: Lazio → Fenerbahce €28m
Lorenzo Lucca: Udinese → Napoli €26m
Tammy Abraham: Roma → Besiktas €15m
Notable loans with options to buy
Official: Lorenzo Lucca joins Nottingham Forest on loan with an option to buy from Napoli (picture: www.nottinghamforest.co.uk)
Lorenzo Lucca: Napoli → Nottingham Forest on loan with €35m option to buy
Noa Lang: Napoli → Galatasaray on loan with €28m option to buy
Douglas Luiz: Juventus → Aston Villa with €25m option to buy
Christos Mandas: Lazio → AFC Bournemouth on loan with €18.5m option to buy
Daniel Maldini: Atalanta → Lazio on loan with €15.5m option to buy
Marco Brescianini: Atalanta → Fiorentina on loan with €10m option to buy
Lorenzo Lucca, Giacomo Raspadori and Robinio Vaz were among the most expensive Serie A signings during the 2026 January transfer window, which saw the Italian top-flight sides spend a total of €243.49m over the last 31 days.
The January transfer deadline struck at 19.00 GMT on Monday evening. Milan failed to get a deal over the line for Jean-Philippe Mateta, but there was still plenty of action on the final day of the window, including Juventus’s signing of Emil Holm from Bologna, Joao Mario moving in the opposite direction, and Roma’s acquisition of Bryan Zaragoza from Bayern Munich.
The full month brought several new additions, including new Roma striker Donyell Malen, Napoli’s acquisition of Giovane and the return of Giacomo Raspadori from Atletico Madrid.
BERGAMO, ITALY – JANUARY 25: Giacomo Raspdori of Atalanta celebrates scoring his team’s third goal with teammate Nikola Krstovic of Atalanta during the Serie A match between Atalanta BC and Parma Calcio 1913 at Gewiss Stadium on January 25, 2026 in Bergamo, Italy. (Photo by Marco Luzzani/Getty Images)
Technically, Lorenzo Lucca, who left Napoli to join Nottingham Forest in January, was the most expensive Serie A signing this month. That is because the Italy international was still on loan with an option to buy at Napoli, and the Partenopei had to exercise that option to buy clause from Udinese before sending him to the Premier League.
Coming in at joint-second are Giacomo Raspadori, who joined Atalanta after six months in LaLiga with Atletico Madrid, and Robinio Vaz, who joined Roma in a permanent deal from Olympique de Marseille.
Below are the top 10 most expensive permanent signings from the 2026 January transfer window in Serie A.
Top 10 most expensive Serie A signings in January 2026
New signing Robinio Vaz poses with the Roma jersey (asroma.it)
1. Lorenzo Lucca: Udinese → Napoli €26m*
=2. Giacomo Raspadori: Atletico Madrid → Atalanta €22m
=2. Robinio Vaz: Olympique de Marseille → Roma €22m
4. Kenneth Taylor: Ajax → Lazio €16.85m
5. Petar Ratkov: RB Salzburg → Lazio €13m
6. Adrian Lahdo: Hammarby → Como: €11.94m
7. Darryl Bakola: Olympique de Marseille → Sassuolo €10m
8. Ismael Kone: Olympique de Marseille → Sassuolo €10m*
Lazio were the biggest spenders in Serie A during the winter transfer window, while Juventus were the only club not to spend a penny as they secured Jeremie Boga and Emil Holm on free loan deals.
The winter transfer window for Serie A clubs ended on Monday, February 2, so it’s time to review the activity of every team in Italy’s top flight, including how much they spent over the last month.
Serie A: Lazio the biggest spenders in 2026 winter transfer window
LECCE, ITALY – JANUARY 24: Kenneth Taylor of SS Lazio during the Serie A match between US Lecce and SS Lazio at Stadio Via del Mare on January 24, 2026 in Lecce, Italy. (Photo by Marco Rosi – SS Lazio/Getty Images)
Lazio had been imposed a transfer embargo during the summer transfer window, so it is not entirely surprising to see the Biancocelesti spend more than any other club in Italy during the January window.
Furthermore, Maurizio Sarri saw two regular starters, Matteo Guendouzi and Valentin Castellanos, leave the Olimpico last month, so the Bianconcelesti had to sign replacements in central midfield and attack.
MILAN, ITALY – JANUARY 18: Niclas Fullkrug of AC Milan celebrates scoring his team’s first goal during the Serie A match between AC Milan and US Lecce at Giuseppe Meazza Stadium on January 18, 2026 in Milan, Italy. (Photo by Marco Luzzani/Getty Images)
As reported by Transfermarkt, Milan spent €8m to sign promising Verona midfielder Alphadjo Cissè, 19, who was then sent to Serie B side Catanzaro on loan.
The Rossoneri also signed Niclas Fullkrug from West Ham, on loan with an option to buy.
Ranking: Biggest Serie A spenders in the 2026 winter transfer window
Every winter, Italian clubs scramble to try to find the players who can make a mid-season difference. Giancarlo Rinaldi gives out the grades for their efforts this year.
Only a fool would try to assess the potential impact of acquisitions that have barely had a chance to play for their new employer,s but here we go again. It is worth remembering that it can sometimes be the players that you move on or keep who can be as important as the ones you bring in. With that in mind, here are the marks out of 10 for all 20 Serie A sides this winter window.
Atalanta 6/10 – In the end it probably boils down to whether you think Giacomo Raspadori plus a handsome profit is worth losing Ademola Lookman for. The ex-Napoli man looks sharp already while the departures of Daniel Maldini and Marco Brescianini may reduce the depth of the squad but should not cause major damage.
Bologna 5.5/10 – A bit of a bland market that looks unlikely to see an upturn in their midtable form. The effective swap of Emil Holm for Joao Mario with Juventus looks a balanced enough trade, while Simon Sohm will need to show an improvement on his Fiorentina form to convince that he was worth losing Giovanni Fabbian for.
GENOA, ITALY – AUGUST 31: João Mario of Juventus looks on during the Serie A match between Genoa CFC and Juventus FC at Luigi Ferraris Stadium on August 31, 2025 in Genoa, Italy. (Photo by Simone Arveda/Getty Images)
Cagliari 6.5/10 – Sometimes it is not about who you buy or sell but who you keep and hanging on to a hot property like young Marco Palestra could be key to the Sardinians’ survival, which is looking more and more likely. The actual incomings and outgoings probably fall under the category of “time will tell” when it comes to their effectiveness.
Como 5/10 – On paper, at least, a little bit underwhelming for a side with such financial backing, but their eye for talent could well mean Swedish teenager Adrian Ladho is one to watch. Keeping hold of their best players – with Martin Baturina in particular attracting attention – was an achievement, but the club has sufficient wealth to say no to all but the biggest deals.
Cremonese 6/10 – None of their arrivals look like setting Serie A alight but they are all proven performers. Milan Djuric will give them a different option in attack while Youseff Maleh, Morten Thorsby and Sebastiano Luperto are well-known quantities who can surely ensure the work already done towards survival continues.
Fiorentina 5.5/10 – The best part of the Viola transfer market was probably getting rid of a number of the summer signings that did not work out including Simon Sohm, Edin Dzeko and Hans Nicolussi Caviglia. They have added width with Manor Solomon and Jack Harrison but there was no real big name to fire hopes of rocketing back up the table.
Genoa 7/10 – As a fully signed-up member of the Tommaso Baldanzi fan club, this mark is probably more in hope than expectation. Daniele De Rossi has already put the fight into the Grifone, but the talented Roma man could add that dash of quality which will make their survival fight a more stylish one than it has been so far.
Inter 5/10 – We have what we hold is an understandable approach from the Nerazzurri but not the kind of thing to get fans delighted. The purchase of Yanis Massolin is an exciting one but clearly one for the future as the young French midfielder will remain on loan at Modena, where he has shone in Serie B.
Emil Holm poses with the Juventus shirt alongside Marco Ottolini (left) and Damien Comolli (right) – via juventus.com.
Juventus 5/10 – There was plenty of smoke but not much substance to the Bianconeri’s transfer window work with the arrivals of Emil Holm and Jeremie Boga hardly the stuff to get pulses racing. Maybe it could be argued that a recent upturn in form shows they did not need to force the issue but it will still disappoint the fans.
Lazio 5.5/10 – The Biancocelesti have been busy after having their transfer ban lifted with Kenneth Taylor already looking like a smart signing. The losses of Matteo Guendouzi and Taty Castellanos leave gaps to be filled but the biggest story was probably Alessio Romagnoli’s switch to Al-Sadd falling through due to a document mix-up, which is a bit embarrassing.
Lecce 5.5/10 – They will have to hope that they have found a couple of gems in a signing basket, including Omri Gandelman, Oumar Ngom and Sadik Fofana. The good news is that they have managed that in the past, so a repeat is not out of the question. Walid Cheddira is more of a known quantity and gives them options up front.
Milan 5/10 – Another one of Italy’s bigs to be linked with plenty of players but, in the end, they only managed a couple of arrivals. Niclas Fullkrug gives a focal point to their attack while teenager Alphadjo Cissè is definitely interesting. But the collapse of a deal for Jean-Philippe Mateta felt pretty much typical of their efforts.
Giovane officially joins Napoli from Hellas Verona
Napoli 5/10 – Add their name to the list of top teams who will have left their fans feeling cheated this January. Lorenzo Lucca goes to England for a nice bundle of cash – at least potentially – while the problematic Noa Lang finds a new home. Young Verona forward Giovane and Alisson Santos from Sporting CP will at least enjoy a move up the table thanks to their transfers.
Parma 6.5/10 – It will be a battle to stay afloat but they have added some quality to their fight with Hans Nicolussi Caviglia likely to enjoy a better time than he did in Florence. Gabriel Strefezza adds a dash of unpredictability and excitement while the loss of Hernani and Mathias Lovik will hardly be felt much at all.
Pisa 4.5/10 – They had to roll the dice and they definitely have but what number will come up remains to be seen. Having got rid of Alberto Gilardino as coach, they have at least got a goal already from new man Rafiu Durosinmi. Samuel Iling-Junior knows Serie A well enough but seems unlikely to produce enough to drag them to safety.
Roma 7.5/10 – Donyell Malen may be the signing who has made the most immediate impact this winter with some eye-catching moments already. Robinio Vaz is one of the biggest investments of the window and certainly does not seem to lack character. Tommaso Baldanzi leaves having found little space while Leon Bailey was dogged by injury in his short spell in the capital.
Donyell Malen joins Roma from Aston Villa (via asroma.com).
Sassuolo 5.5/10 – Whatever the question was, can the answer possibly have been M’Bala Nzola? The Angolan was far from thrilling at Pisa but maybe he can thrive in surroundings where the pressure of potential relegation is a little bit less intense. Their other new faces are intriguing but not necessarily of immediate use.
Torino 6/10 – A decent window that will surely help the Granata to enjoy another season of survival – if not a lot more. Kristjan Asllani and Cyril Ngonge made little impression between them so it will be up to Matteo Prati and Luca Marianucci to surpass them which, in truth, should really not be too hard.
Udinese 6/10 – The revolving door at the Stadio Friuli is rarely still and there were more heading out than in this winter. Branimir Mlacic and Juan Arizala definitely fall into the players with potential category and will look to make their mark while Iker Bravo and Sandi Lovric leave due to a lack of playing time. Saba Goglichidze ensures another window sees a move between the club and Watford.
Verona 5/10 – Their coach is gone but for a club with a need of a jolt, was this transfer session sufficient? It will be exciting to see another Scot give Serie A a go in the shape of Hibs’ record sale Kieron Bowie but he will surely have his work cut out to turn things around. Sandi Lovric should do a job while Pol Lirola at least knows Italy even if he has never exactly impressed.
FLORENCE, ITALY – JANUARY 4: Manor Solomon of ACF Fiorentina looks on during the Serie A match between ACF Fiorentina and US Cremonese at Artemio Franchi on January 4, 2026 in Florence, Italy. (Photo by Gabriele Maltinti/Getty Images)
The winter transfer window for Serie A clubs shut today at 20:00 CET (19:00 GMT). As usual, it was a hectic day during which many Serie A clubs confirmed purchases and departures.
Juventus confirmed Emil Holm’s initial loan move from Bologna, while Joao Mario joined the Rossoblu on a temporary transfer until the end of the season.
Juventus have also sent Daniele Rugani from Fiorentina on loan with an option to buy.
Bryan Zaragoza with Roma director Frederic Massara (asroma.com)
Roma welcomed their third attacking reinforcement in Bryan Zaragoza on loan with an option to buy from Bayern Munich. The Giallorossi had previously welcomed Donyell Malen from Aston Villa and Robinio Vaz from Olympique Marseille.
Napoli announced Brazilian winger Alisson Santos from Sporting CP.
Parma have also received attacking reinforcement with ex-Como winger Gabriel Strefezza, while Atalanta parted ways with Ademola Lookman, sending the Nigeria international to Atletico Madrid on a permanent €40m transfer.
Below are all the major transfers completed by Serie A clubs on deadline day.
2026 winter transfer window: Serie A deals completed on deadline day
Louis Buffon, son of Italy and Juventus legend Gianluigi, in action for Serie B side Pisa.
Enzo Ebosse from Udinese to Torino via Verona (loan)
Alphadjo Cissè From Milan to Catanzaro via Verona (loan)
Tommaso Corazza from Bologna to Cesena (loan)
Nicola Pintus from Cagliari to Cosenza (loan)
Giuseppe Ambrosino from Napoli to Modena (loan)
Andrias Edmundsson to Verona from Wisla Plock (permanent €2.5m)
Mateus Lusuardi from Pisa to Reggiana (loan)
Laurs Skjellerup from Sassuolo to Spezia (loan)
Felipe Jack from Como to Catanzaro (loan)
Emil Holm to Juventus from Bologna (loan with €15m option to buy)
GENOA, ITALY – AUGUST 31: João Mario of Juventus looks on during the Serie A match between Genoa CFC and Juventus FC at Luigi Ferraris Stadium on August 31, 2025 in Genoa, Italy. (Photo by Simone Arveda/Getty Images)
Joao Mario to Bologna from Juventus (loan)
Louis Buffon from Pisa to Pontedera (loan)
Leonardo Buta from Udinese to Rio Ave (loan)
Morten Thorsby to Cremonese from Genoa (permanent €2.5m )
Daniele Rugani to Fiorentina from Juventus (loan with option to buy for €2m)
Dennis Johnsen from Cremonese to Palermo (permanent €3m)
Gabriel Strefezza to Parma from Olympiacos (loan with option to buy)
Bryan Zaragoza to Roma from Bayern Munich (loan with option to buy)
Ulisses Garcia to Sassuolo from Marseille (loan with option to buy)
Alisson Santos to Napoli from Sporting CP (loan with option to buy)
Pedro Felipe to Sassuolo from Juventus NextGen (loan)
Ademola Lookman from Atalanta to Atletico Madrid (permanent €40m)
Branimir Mlacic to Udinese from Hajduk Split (permanent €4.5m)
Samuel Iling Junior to Pisa from Aston Villa (loan)
Darryl Bakola to Sassuolo from Marseille (permanent €10m)
Sebastiano Luperto to Cremonese from Cagliari (permanent €4.6m)
Alberto Cerri from Como to Cesena (undefined)
Nicholas Pierini from Sassuolo to Sampdoria (loan)
Adrian Lahdo to Como from Hammarby (permanent €18m)
Yanis Massolin to Inter from Modena (permanent €8m, then back to Modena on loan)
Rui Modesto from Udinese to Palermo (loan)
Saba Goglichidze from Udinese to Watford (loan)
Tete Morente end of Lecce contract
Matias Vecino from Lazio to Celta Vigo (permanent)
Torino had a slow start and had to thank goalkeeper Alberto Paleari for saves on Ylber Ramadani and Lassana Coulibaly, who had tried to score from outside the box.
The home side took the lead with their first shot on target, made by Scotland international Adams, who slotted home with the inside of his foot at the far post from a perfect Nikola Vlasic cross from the right.
Adams had not scored in Serie A since the reverse fixture in Lecce on November 30.
TURIN, ITALY – FEBRUARY 01: Valentino Lazaro of Torino is put under pressure by Santiago Pierotti of US Lecce during the Serie A match between Torino FC and US Lecce at Stadio Olimpico di Torino on February 01, 2026 in Turin, Italy. (Photo by Valerio Pennicino/Getty Images)
The Granata had three consecutive chances to double their lead, but first Zapata didn’t find the target with a shot from inside the box and then Wladimiro Falcone denied the Colombian and Cesare Casadei’s attempts from distance.
There was also the time for another Paleari save on Omri Gandelman before the break, while Riccardo Sottil’s free kick went over the crossbar.
During the second 45 minutes, Falcone kept his Lecce side in the game with two stunning interventions.
TURIN, ITALY – FEBRUARY 01: Cesare Casadei of Torino is put under pressure by Danilo Veiga of US Lecce during the Serie A match between Torino FC and US Lecce at Stadio Olimpico di Torino on February 01, 2026 in Turin, Italy. (Photo by Valerio Pennicino/Getty Images)
The first came from a great reflex save on Zapata’s close-range finish from the centre of the box, the second from a corner situation before Danilo Veiga’s goal-line clearance.
Ché Adams wasted the chance to score his brace by sending a shot wide from a tight angle. Torino failed to put the game to bed, so Lecce tried to respond, and Banda was unlucky when he hit the post after a counterattacking move, curling an unstoppable shot past Paleari.
With this victory, Toro move to 26 points, nine above the drop zone, while Lecce remain 17th, just one point above Fiorentina.
Both sides are far from being in their best form as Torino lost the last four games in a row, while Lecce secured a draw in their last match after four consecutive defeats.
VERONA, ITALY – JANUARY 04: Giovanni Simeone of Torino celebrates scoring his team’s first goal with teammates during the Serie A match between Hellas Verona FC and Torino FC at Stadio Marcantonio Bentegodi on January 04, 2026 in Verona, Italy. (Photo by Alessandro Sabattini/Getty Images)
The Salentini have a one-point lead over 18th-placed Fiorentina, who lost 2-1 away at Napoli on Saturday, but Torino are just five points above Lecce.
Both sides must cope without several injured players: Ilic, Nkounkou, Biraghi, Aboukhlal, Gineitis, Masina, Ismajli, and Simeone are out of action for Torino. New signings Prati and Kulenovic are available on the bench, while Marianucci starts straight away in defence.
Lecce have travelled to Piedmont without Berisha, Camarda, Gorter, Helgason, Marchwinski, Kouassi and Fruchtl.
LECCE, ITALY – DECEMBER 12: Nikola Stulic of US Lecce celebrates after scoring his team’s opening goal during the Serie A match between US Lecce and Pisa SC at Stadio Via del Mare on December 12, 2025 in Lecce, Italy. (Photo by Maurizio Lagana/Getty Images)
New signing Walid Cheddira starts up front for the travelling side, while Torino look to Zapata and Adams up front.
Below are the confirmed line-ups and live updates for the crucial match in the race for survival. at the Grande Torino.
Serie A clubs were busy today as they race to wrap up deals before the transfer window closes on Monday.
Youssef Maleh joined Cremonese on loan from Lecce, Genoa activated their option to sign Leo Ostigard on a permanent deal and Cyril Ngonge and Luca Marianucci left Napoli on loan moves.
Which transfers were announced in Serie A on January 31, 2026?
Football Italia takes a look at every confirmed transfer involving clubs from Italy’s top flight today.
Ostigard joined Genoa on a permanent basis for just €5 million, after impressing on loan so far this season. Ngonge joined Espanyol on loan for €2 million, whilst M’Bala Nzola joins Sassuolo on loan from Fiorentina.
BOLOGNA, ITALY – OCTOBER 29: Cyril Ngonge of Torino FC during the Serie A match between Bologna FC 1909 and Torino FC at Renato Dall’Ara Stadium on October 29, 2025 in Bologna, Italy. (Photo by Alessandro Sabattini/Getty Images)
Lecce saw two players leave today, with Frenchman Balthazar Pierret returning to his home country with Red Star FC in Ligue 2, and Maleh joining fellow Serie A side Cremonese on loan until the end of the season.
All Serie A transfers confirmed on January 31, 2026
Balthazar Pierret – Lecce to Red Star FC (Undsc.)
Sandro Kulenovic – Dinamo Zagreb to Torino (Loan €500,000)
M’Bala Nzola – Fiorentina to Sassuolo (Loan)
Leo Ostigard – Stade Rennes to Genoa (€5 million)
Luca Marianucci – Napoli to Torino (Loan)
Youssef Maleh – Lecce to Cremonese (Loan)
Stefan Mitrovic – Verona to Asteras Aktor (Loan)
Cyril Ngonge – Napoli to Espanyol (Loan €2 million)
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