Josh Mulligan

In January 2026, reports stated Hibernian rejected a bid of approximately €2,250,000 (£1.9 million) from Schalke 04. Throughout December 2025 and January 2026, his Transfermarkt valuation was consistently reported at €1.2 million. During the same period, multiple reports mentioned the existence of an 'affordable' release clause, though no specific figure was cited. In May 2025, while at Dundee, his Transfermarkt value was reportedly €600,000. He joined Hibernian from Dundee on a free transfer in July 2025.

Our valuation is driven by the rejected €2,250,000 (£1.9 million) bid from Schalke in January 2026, which establishes a clear floor for any potential transfer. Widespread interest from clubs in England, Germany, and France, coupled with Hibernian's stated reluctance to sell Josh Mulligan mid-season, suggests a premium would be required, pushing the likely fee higher than the rejected offer.