Riccardo Calafiori

Recent reports from March 2025 indicated Arsenal had set a high asking price of at least €75 million to €80 million amid interest from Real Madrid. A separate report from May 2025 suggested a deal with AC Milan could be possible for around €35 million. These rumours follow his completed transfer from Bologna to Arsenal in July 2024 for a fee of €45 million. His prior transfers included a move from Basel to Bologna for €4 million in August 2023 and from Roma to Basel for €1 million in August 2022.

Our valuation is driven by Riccardo Calafiori's recent €45M transfer to Arsenal in July 2024, which serves as a strong baseline. The range reflects conflicting signals: significant interest from top clubs like Real Madrid and AC Milan, which supports a high valuation, is tempered by his limited playing time and reported injury concerns. Arsenal's asking price of €75-80M is viewed as a high starting point for negotiations, while a potential €35M fee linked with Milan seems low. Our estimate lands slightly above his last transfer fee, balancing his perceived potential against his current on-pitch challenges.