Olwethu Makhanya

In October 2026, reports suggested Rangers would seek a fee similar to Calvin Bassey's, over €23.6 million (£20m), to consider a sale. His Transfermarkt value is currently listed at €8.00m. This follows his completed transfer from Philadelphia Union to Rangers in July 2026 for a confirmed fee of €3.6 million, though reports at the time cited figures ranging from €3.6m to €5.9m (£3m-£5m). Just prior to that move, Philadelphia Union reportedly rejected a bid of over €3.5 million from an unnamed Belgian club and had an initial asking price of around €7.1 million (£6m).

Our valuation is driven by the significant interest in Olwethu Makhanya from multiple top-five European leagues just months after his €3.6 million transfer to Rangers. While his current Transfermarkt value is €8 million, Rangers' strong negotiating position, with a contract until 2030, and reports suggesting the club would seek a fee upwards of €23 million, indicate a substantial increase in his market value. The estimate reflects a likely fee for a summer 2027 transfer, balancing the widespread interest against the current lack of formal bids.