Nico O'Reilly

Recent reports from March 2026 indicate Real Madrid believe a bid of €40 million would be sufficient, while another source cited the player's Estimated Transfer Value (ETV) at €45.7 million. In September 2025, Transfermarkt's valuation was reported at €18 million. Earlier, in February 2025, Chelsea was reportedly prepared to offer between €24-30 million (£20-25m), but the deal failed as Manchester City insisted on a buy-back clause.

Our valuation is driven by recent reports from March 2026 suggesting Real Madrid's interest at a level of €40-45.7 million. This represents a significant increase from earlier reported interest from Chelsea in February 2025, which was in the €24-30 million range and ultimately rejected. Nico O'Reilly's long-term contract extension with Manchester City until 2030, combined with the club's clear reluctance to sell, substantially inflates his market price, placing any potential fee at the premium end.