The domino effect is in progress, with Mateo Pellegrino joining Fiorentina for €25m, Roberto Piccoli to Bologna for €18m plus add-ons, and Thijs Dallinga to FC Koln.

FLORENCE, ITALY – JANUARY 24: Roberto Piccoli of ACF Fiorentina in action during the Serie A match between ACF Fiorentina and Cagliari Calcio at Artemio Franchi on January 24, 2026 in Florence, Italy. (Photo by Gabriele Maltinti/Getty Images)

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We had already reported on the knock-on effect, a form of centre-forward merry-go-round between various Serie A clubs.

The first domino already fell, with El Bilal Touré joining Parma from Atalanta on loan with an option to buy that become an obligation if certain conditions are met.

Piccoli next domino to fall

FLORENCE, ITALY – MARCH 8: Roberto Piccoli of ACF Fiorentina in action during the Serie A match between ACF Fiorentina and Parma Calcio 1913 at Artemio Franchi on March 8, 2026 in Florence, Italy. (Photo by Gabriele Maltinti/Getty Images)

Now the others are falling into place too, with multiple reports Parma have agreed to hand Pellegrino to Fiorentina on loan with an obligation to buy for a total of around €25m.

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In turn, Fiorentina can then send their striker Piccoli to Bologna, on loan with obligation to buy for €18m plus add-ons and a 10 per cent cut of the future sale fee.

It’s reported that the obligation becomes active as long as Bologna remain in Serie A, so very easy to achieve.

According to Corriere dello Sport reporter Eleonora Trotta, Bologna had initially wanted this to be a loan with option, but agent Alessandro Lucci made sure Piccoli would only move with guarantees.

Bologna make room by agreeing the loan with option to buy of Dallinga to German side FC Koln.