Mikel Oyarzabal

Recent reports from July 2026 consistently state that the player has an active release clause of €75 million, a figure also mentioned in January 2026 rumours linking him to Premier League clubs. In June 2026, Fenerbahçe reportedly made a concrete offer of €25 million. Throughout 2025 and 2026, various reports have cited his Transfermarkt market value at €25 million.

Our valuation is driven by the consistently reported €75 million release clause, which establishes a firm ceiling for any potential transfer. This is contrasted by a much lower €25 million market valuation and a reported bid at that level. Given Mikel Oyarzabal's peak form, long-term contract until 2028, and stated loyalty to Real Sociedad, we believe any successful bid would need to be substantial and approach the release clause, as the club is unwilling to negotiate.