Bilal El Khannouss

In March 2026, VfB Stuttgart's loan for the player became permanent, with reports on the total fee clustering around €20-€22 million. This followed a loan deal in September 2025 with a reported €3-€3.5 million fee. The preceding summer of 2025 saw intense interest, with a relegation release clause reportedly active at figures between €26 million and €28.4 million. During that period, Stuttgart reportedly had a €20 million bid rejected before having a €30 million offer accepted, while Crystal Palace was close to a deal valued at around £30 million (~€35 million). Leicester's asking price was cited as high as €40-€45 million. The player's market value was consistently estimated by Transfermarkt at €28 million. He had previously moved from Genk to Leicester in August 2024 for €20.5 million.

Our valuation for Bilal El Khannous is anchored by his recent permanent transfer to VfB Stuttgart, which reports indicate cost a total of approximately €20-€22 million. However, we've set a higher range and estimate to account for the significant market interest just prior to that move in summer 2025, which included an active release clause reportedly valued at €26-€28 million and an accepted bid from Stuttgart themselves for around €30 million.