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The top 5 clubs with the biggest capital gains on the market

According to theCIES Football ObservatoryEintracht Frankfurt is the club that has carried out the best overall transaction on the transfer

Published: Wednesday, 14 October 2026 at 8:20 AM
The top 5 clubs with the biggest capital gains on the market
Key Things to Know
  • Eintracht Frankfurt leads the CIES Football Observatory rankings with 527 million euros in transfer market capital gains.
  • Real Madrid ranks second with 526 million euros, followed by Paris Saint-Germain, Benfica, and Manchester City.
  • Kylian Mbappé joined Real Madrid on a free transfer, while Arda Güler's valuation rose to 120 million euros.
The Story in 60 Seconds

According to the CIES Football Observatory, Eintracht Frankfurt has generated the highest capital gains in the transfer market over the last five years. The German club achieved a net valuation of 527 million euros, narrowly leading Real Madrid at 526 million euros. Paris Saint-Germain, Benfica, and Manchester City complete the top five clubs.

Real Madrid's total was boosted by Kylian Mbappé arriving on a free transfer and Arda Güler's valuation rising to 120 million euros. Conversely, Manchester United recorded the highest depreciation in Europe at -405 million euros, while Al-Hilal had the lowest globally at -502 million euros.

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