Bilal El Khannouss

The most recent valuations stem from the September 2025 loan to VfB Stuttgart, which reportedly includes a purchase obligation valued between €20 million and €30 million. Just prior, in August 2025, reports indicated Stuttgart had a €20 million offer rejected before an agreement was reached around €30 million. During the same period, Crystal Palace was linked with a €30 million offer. Throughout the summer of 2025, a relegation release clause was frequently cited, with figures ranging from approximately €26 million to €29 million. Earlier, in May 2025, Leicester City's asking price was reportedly in the €40-45 million range. The player's transfer from Genk to Leicester in August 2024 was for a reported €20.5 million.

Our valuation is driven by the recent loan-to-buy agreement for Bilal El Khannous between Leicester City and VfB Stuttgart. Reports consistently place the purchase obligation between €20 million and €30 million. This range is further supported by Stuttgart's reported rejected bid of €20 million and subsequent accepted offer of around €30 million in August 2025, establishing a clear market price.