Thomas Lemar

According to multiple reports from July 2025, Thomas Lemar's market value was estimated by Transfermarkt at €5 million. This is a significant drop from the reported €72 million fee Atlético Madrid paid Monaco for his transfer in 2018. Several reports from July 2025 also stated that Atlético was prepared to let the player leave on a free transfer or terminate his contract to facilitate a move. The eventual deal in July 2025 was a simple loan from Atlético Madrid to Girona with no purchase option.

Our valuation is driven by reports from July 2025 indicating Atlético Madrid's strong desire to offload Thomas Lemar, to the extent of considering a free transfer or contract termination to alleviate his salary burden. This, combined with a recent major injury and a subsequent loan to Girona without a purchase option, suggests a minimal transfer fee. The repeatedly cited Transfermarkt value of €5 million serves as a plausible upper ceiling, while the possibility of a free transfer establishes the floor of our range.