Immanuel Pherai

In September 2026, reports indicated SV Elversberg offered €750,000, which Hamburger SV rejected. This followed a rejected offer in July 2026 reportedly just under €1 million. In June 2026, Elversberg was said to have offered slightly below €2 million after letting a purchase option, which had risen to €2.5 million upon their promotion, expire. The original purchase option agreed in February 2026 was reportedly €1.5 million. Transfermarkt's valuation was listed at €1.5 million in June 2026 and €1.8 million in February 2026. The player's last completed transfer with a fee was from Eintracht Braunschweig to Hamburger SV in July 2023 for a reported €750,000.

Our valuation is driven by the recent negotiation history between Hamburger SV and SV Elversberg for Immanuel Pherai. HSV's rejection of offers reportedly ranging from €750,000 to just under €1 million sets a clear floor. The upper bound is informed by Elversberg's expired purchase option of €2.5 million and a subsequent reported offer of just under €2 million. Given the player's situation at HSV and the expired option, a final fee is most likely to land near the original €1.5 million purchase option figure.