I. Toney

In August 2024, the completed transfer from Brentford to Al-Ahli was for a fee of €42 million. In December 2024, Chelsea was reportedly considering a move for around €42 million. By June 2025, reports claimed Manchester United were willing to offer a €35 million package. Transfermarkt's valuation was listed at €25 million in October 2025. Most recently, in November 2025, reports indicated Al-Ahli's asking price is over €45 million.

Our valuation is driven by Al-Ahli's initial investment of €42 million for Ivan Toney in August 2024 and their reported asking price of over €45 million. While a past report mentioned a potential €35 million package from Manchester United, Al-Ahli's strong contractual position (until 2028) and lack of financial pressure to sell suggest they will hold out for a fee that at least recoups their investment, with a premium.