James Penrice

In July 2025, James Penrice's transfer from Hearts to AEK Athens was completed for a reported fee of €2.3 million, with his Transfermarkt value at the time being €1.8 million. By January 2026, his Transfermarkt value was listed as €2.5 million. During that same month, reports indicated AEK rejected a bid from Rangers valued at approximately €3.5 million (or £3 million). More recently, in May 2026, AEK's asking price was reportedly 'over 2 million euros', and the club was said to have rejected two offers from Scotland for less than that amount.

Our valuation for James Penrice is driven by his €2.3 million transfer to AEK Athens in July 2025 and the subsequent transfer interest. While a reported bid of approximately €3.5 million from Rangers was rejected in January 2026, AEK's asking price was later stated as 'over €2 million' in May 2026 after rejecting offers below that mark. The estimate reflects a price that allows AEK to recoup their investment with a small profit, factoring in his status as a non-starter but continued interest from the Scottish club.