Thiago Almada

Recent reports from May 2026 state Atlético Madrid is willing to negotiate a transfer for €20 million in exchange for the 50% of the player's rights they acquired, while his market value is also reported at €20 million. In January 2026, Atlético's asking price was consistently cited as €40 million total, or €20 million for 50% of his rights. During that same period, Palmeiras reportedly considered an offer between €20 million and €30 million, while Benfica was quoted a mandatory purchase option of over €35 million. His transfer from Botafogo to Atlético Madrid in July 2025 was based on a total valuation widely reported as €40 million, with some reports specifying a €21 million fee for 50% of his rights. He had previously moved from Atlanta United to Botafogo in July 2024 for a reported €19.5 million.

Our valuation is driven by the significant drop from Thiago Almada's reported €40 million total valuation upon his transfer to Atlético Madrid in July 2025. His subsequent lack of playing time has adjusted market expectations, as reflected by a reported Transfermarkt value of €20 million and previous interest from Palmeiras in the €20-30 million range. Atlético's current reported willingness to negotiate for €20 million for their 50% stake is seen as an attempt to recoup their initial investment rather than a reflection of his full current market value, which we place lower.