What happened: AS Monaco are moving to trigger the €11 million buy option in Ansu Fati's loan deal, making his transfer from Barcelona permanent. Per Fabrizio Romano, Barcelona will retain a sell-on clause in the agreement. Reports from @ReshadFCB add that there is no buy-back clause for Barcelona, only the sell-on provision.

Why it matters: The deal closes the book on one of Barcelona's most-hyped academy graduates, with the club recouping a modest fee for a player once tipped to inherit the No. 10 shirt's legacy. The sell-on clause gives Barcelona upside if Monaco later flip Fati at a profit, but the absence of a buy-back forecloses any sentimental return. For Monaco, securing a 23-year-old former Spain international at €11m is a low-risk bet on rediscovered form in Ligue 1.

What to watch: Watch for official confirmation from both clubs and the final clause percentages on the sell-on. Fati's role in Monaco's 2026-27 plans under their current technical staff is the next storyline.