The biggest market value downgrades in 2025 have been revealed and Arsenal midfielder Martin Odegaard makes the top-10.
The Norwegian arrived at the Emirates from Real Madrid on a permanent basis in 2021 for around £30m.
He has been one of the Gunners’ top performers over the last several years, with Gilberto Silva even claiming that Odegaard would make The Invincibles team alongside Bukayo Saka.
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However, the current Arsenal skipper, who has had an injury-hit season, has seen his market value plummet this month.
Martin Odegaard reacts due to injury during Arsenal vs West Ham
Photo by Rob Newell – CameraSport via Getty Images
Martin Odegaard features among players with the biggest market value downgrades in 2025
Transfermarkt has now released the list of players who have lost the most market value in 2025 so far.
Manchester City and England midfielder Phil Foden tops the list, with a decline of €80m.
As for Odegaard, he was valued at €110m at the turn of the year, but as of October, his value has dropped to €80m.
Rodri, Bernardo Silva and Tottenham’s James Maddison also crack the top 10.
Phil Foden -€80m
Vinicius Junior -€50m
Gavi -€40m
Rodri -€40m
Eduardo Camavinga -€40m
Martin Odegaard -€30m
Bernardo Silva -€28m
Victor Boniface -€25m
Dusan Vlahovic -€25m
James Maddison -€25m
Stan Kroenke visits Arsenal Pre-Season Tour
Photo by Stuart MacFarlane/Arsenal FC via Getty Images
Who is Arsenal’s most valuable player?
Despite the huge drop over the course of 2025, Odegaard is still Arsenal’s third most valuable player.
Declan Rice takes second place, with a value of €120m, while Bukayo Saka (€140m) clinches top spot.
William Saliba (€80m) is fourth, while summer signing Viktor Gyokeres and Gabriel Magalhaes (both €75m) round out the top five.
Currently, Arsenal have the most valuable squad in the Premier League, worth €1.31bn.
Manchester City are second with €1.21bn worth of players, and Liverpool (€1.15bn) are third.