The final formality has arrived. According to Gianluca Di Marzio, Paris Saint-Germain have given Juventus the green light to proceed with Randal Kolo Muani’s medical examinations — and in a significant development that updates previous reporting, the operation will be concluded as a permanent transfer rather than a loan with an obligation to purchase.
The Deal: €38 Million Plus €12 Million in Bonuses — Permanently
The terms agreed between Juventus and PSG are €38 million as a fixed fee, plus up to €12 million in performance-related bonuses — a total potential outlay of €50 million. The formula of the operation has changed from previous reporting: rather than a loan with a conditional obligation to purchase, Kolo Muani will join Juventus on an outright permanent basis.
The shift from a loan structure to a permanent transfer is significant. It reflects PSG’s desire for a clean sale rather than a deferred financial commitment — and Juventus’s confidence, backed by the Muharemović sell-on windfall and the squad-cost room created by Openda’s departure to Lyon, that they can absorb the immediate financial impact within the parameters of their UEFA Settlement Agreement.
Medical — and Then the Asian Tour
With PSG’s approval confirmed, Juventus intend to move quickly: the club’s clear intention is to complete the paperwork in time for Kolo Muani to travel with the squad for their pre-season tour of Hong Kong and Perth. That deadline — the squad departing on Sunday 3 August — provides the tightest possible timeline, but both clubs are motivated to resolve the remaining formalities without delay.
The sidebar on Di Marzio’s site also confirms a second development of immediate relevance to Juventus supporters: Guglielmo Vicario is now described as the strongest name for the goalkeeping position, with Tottenham moving towards sanctioning a loan.
The End of a Year-Long Chase
This is, in the simplest terms possible, the completion of a story that began in the summer of 2025 — when Juventus first pursued Kolo Muani, failed to land him, and watched the consequences of that failure unfold across an entire difficult season. Carnevali arrived to find the file in a state of disarray. He repaired the relationship with PSG, aligned Massara’s expertise on the operation, and pursued a deal with unwavering patience through weeks of deadlock. Tonight, that patience has been rewarded. Kolo Muani is a Juventus player. The rebuild has its striker.
