Mohamed was a loanee of Cairo’s Zamalek, and had signed an 18-month deal to join Galatasaray in January 2020.
A clause in the 24-year-old’s contract allowed the Turkish club the option to purchase the player for $4million at the end.
Mohamed scored nine goals in 17 games across all competitions during his debut season. Galatasaray activated Mohamed’s buy option last December, with the forward signing a three year deal that will run until 2025.
Ertan Suzgun, a Turkish journalist, reported that Nantes of Ligue 1 offered a loan with the option to purchase Galatasaray’s services for Mostafa Mohamed.
Galatasaray rejected the offer, but Nantes is expected to make another offer to purchase the Egyptian’s services.
Mohamed was previously attracted by interest from France. He was close to joining Saint-Etienne, January 2021.
Olympique Lyonnais and Toulouse, both newly promoted Ligue 1 sides, were also interested in Mohamed, with Cadiz, a Spanish outfit, being the most recent to be linked to Mohamed.
Galatasaray finished in 13th place in Turkey’s Super Lig, one of the worst seasons in their history.