Gerson

In early 2026, Zenit's initial asking price of €40M was reportedly lowered during negotiations. In late 2025, reports cited varying demands from Zenit, including a high of €40M, a desire to recoup their €25M investment, and a more concrete request to Cruzeiro for €15-18M plus a player. Cruzeiro's offers were reportedly around €12M in cash. In October 2025, Al-Nassr was reportedly willing to pay a €25M fee. This activity follows Gerson's completed transfer from Flamengo to Zenit in July 2025 for a reported €25M. Earlier, in March 2025, an €18M offer from Zenit to Flamengo was reportedly rejected. His Transfermarkt value was cited as dropping from €25M to €18M in late 2025.

Our valuation for Gerson is driven by his very recent transfer from Flamengo to Zenit in July 2025 for €25 million. While Zenit initially postured with a €40 million asking price, their primary goal appears to be recouping their initial investment. Current negotiations with Cruzeiro reportedly involve a cash component of €15-18 million plus a player, while Cruzeiro's direct cash offers are lower, around €12 million. The high end of our range is supported by reported interest from Al-Nassr, who were apparently willing to meet the €25 million valuation.