Thiago Almada

In January 2026, reports state Atlético Madrid's asking price for the player is €40 million, or alternatively €20 million for 50% of his rights. During the same period, Palmeiras was reportedly willing to invest between €20-30 million, and Benfica was linked with a mandatory purchase option exceeding €35 million. His transfer from Botafogo to Atlético Madrid in July 2025 was valued at €40 million in multiple reports, with the initial fee cited as €21 million, reportedly for 50% of his rights. In January 2025, a €20 million offer from Atlético to Botafogo was reportedly rejected. His current Transfermarkt value is listed as €20 million.

Our valuation is driven by Atlético Madrid's consistent asking price of €40 million (or €20 million for 50% of his rights) following his high-value transfer in July 2025. However, Thiago Almada's limited playing time and reported interest from clubs like Palmeiras in the €20-30 million range suggest a potential compromise below the full asking price, leading to our estimate.