103 new market values
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The Scottish Premiership is the latest European league to get an interim market value update at Transfermarkt and as such no less than 103 players across the Scottish top-flight have seen their market value change. Some of the biggest names in the league have had their market values altered, as Scottish football continues to enjoy a surprising and unquestionably dramatic start to the new season. The biggest winners from the update were Hearts, whose squad market value rose by €2.02 million, while the biggest losers were Aberdeen and Celtic, whose squad market value dropped by €1.1m and €4.5m respectively.
Trouble at Celtic Park and Ibrox
Perhaps the biggest changes in the league can be found at champions Celtic, where Brendan Rodgers’ misfiring side have struggled in Europe and sit second in the league table. “With fans furious at the club for a lack of investment in the summer transfer window and some big names being sold in the summer, it feels like this Celtic team is full of compromises,” noted UK Area Manager Stefan Bienkowski. “They’re certainly still good enough to retain the league title, but Rodgers has made it clear either directly through his own words or through his squad selections that he isn’t happy with the current crop of players at his disposal.”
Downgrades throughout the squad can be found in players like Kasper Schmeichel (down from €500k to €300k), Paulo Bernardo (€5.5m to €5m), Auston Trusty (€6m to €5m), Jota (€8m to €7m), Alistair Johnston (€10m to €9m) and Arne Engels (€12m to €10m). And when added to new signings Michel-Ange Balikwisha (down from €7m to €6m) and Kieran Tierney (down from €9m to €8m), it points to a squad that certainly isn’t at the peak of its powers. However, there were some upgrades among Rodgers’ team, with new signings Shin Yamada (€800m to €1m) and Sebastian Tounekti (from €1.2m to €4m) both rising to fall closer in line with the transfer fees paid for them in the summer window.
Rangers, who have just sacked head coach Russell Martin after a start to the season that has them sitting in eighth place and just four points off bottom spot in the Premiership, have also seen a number of first-team players lose market value in this update. “Although Rangers have improved in their approach to the transfer market with more younger players joining the club, there’s little doubt that they’re well off the pace,” said Bienkowski. “Martin may have been a disaster on the sidelines, but it remains to be seen whether the next Rangers manager will be able to turn this squad into a team capable of challenging for silverware in Scottish football this season.”
In terms of players that either have not performed well or had their market values adjusted to reflect transfer fees paid for them in the summer, Rangers have seven downgrades in this market value update: Joe Rothwell (drops from €1.8m to €1.5m), Nedim Bajrami (€3m to €2.5m), Dujon Sterling (€3.5m to €3.2m), Max Aarons (€6m to €5m), Oliver Antman (€6m to €5.5m), Nasser Djiga (€10m to €8m) and on-loan Tottenham Hotspur prospect Mikey Moore has seen his market value fall from €18m to €16m after a lack of game time or good performances. However, it’s not all bad news at Ibrox. Nicolas Raskin’s market value rose from €10m to €12m, while Bojan Miovski (€2.5m to €3m), Thelo Aasgaard (€2m to €3m), Djeidi Gassama (€2m to €3m), Emmanuel Fernandez (€250k to €1.8m) and Findlay Curtis (€100k to €500k) all saw their market values rise in this update.
Mixed results across the Premiership
There were also a number of interesting changes to Scottish football’s other big clubs. More grim results could be found at Pittodrie, where Aberdeen’s horrid start to the new season saw no less than seven major downgrades to Jimmy Thelin’s squad in the form of Nicolas Milanovic (€850k to €600k), Stuart Armstrong (€800k to €700k), Dimitar Mitov (€1m to €800k), Kristers Tobers (€1m to €900k), Alexander Jensen (€1.5m to €1.3m), Topi Keskinen (€2m to €1.8m) and most notably Kevin Nisbet (€2.5m to €2m). However, young talents Kenan Bilalovic (€250k to €500k) and Jack Milne (€600k to €800k) both saw their market values steadily increase in this market value update. While Aberdeen may be lingering near the bottom of the table, Hearts sit top of it and that was reflected in a series of upgrades to Derek McInnes’ squad. Craig Halkett (€200k to €300k), Harry Milne (€250k to €500k), Alexandros Kyziridis (€375k to €800k), Cláudio Braga (€500k to €1.5m) and Ageu (€800k to €1.5m) all saw their market values increase at Tynecastle.
Elsewhere, there were a number of exciting young talents across the Scottish Premiership that have seen their market values change to fall in line with the promise they’ve shown in the first few months of the new season. Hibernian goalkeeper Murray Johnson (€50k to €100k) was joined by Dundee central defender Luke Graham (€125k to €400k), Aberdeen winger Bilalovic (€250k to €500k) and Kilmarnock midfielder David Watson (€1.5m to €1.8m) as the stand-out young talents that continue to shine in the Scottish Premiership to date. And if they can continue their form throughout the season, there’s little doubt that their market values will continue ticking upwards.
How Transfermarkt market values work
The Transfermarkt market values are calculated, taking into account various pricing models. A major factor is the Transfermarkt community, whose members discuss and evaluate player market values in detail. In general, the Transfermarkt market values are not to be equated with transfer fees.
The goal is not to predict a price but an expected value of a player in a free market. Both individual transfer modalities and situational conditions are relevant in determining market values. Examples of this are listed below. Transfermarkt does not use an algorithm (you can find the detailed market value definition here).