What happened: AS Monaco have decided to activate the €11 million buy option clause to make Ansu Fati's transfer from Barcelona permanent, per Fabrizio Romano. Barcelona will retain a sell-on clause once final terms are agreed with the player. The deal is reported to be at its final stages.

Why it matters: Fati, once tipped as Barcelona's heir to the No. 10 shirt, struggled for minutes at the Camp Nou and was loaned to Monaco for the 2025-26 season. A permanent exit closes a chapter on one of La Liga's most-hyped academy products and frees up squad space as Barcelona close in on the La Liga title. The sell-on clause preserves upside for Barça should Monaco later flip him.

What to watch: Watch for confirmation of personal terms between Fati and Monaco, and disclosure of the sell-on percentage Barcelona secures. Official club announcements from both sides should follow once paperwork is signed.