9.50× the market's number: what Sporting paid over Conrad Harder's €2.0m valuation

Sporting paid €19.0m for Conrad Harder. The market value recorded against him at the time was €2.0m. The difference is €17.0m, and the ratio is 9.50×.

Of the 74 deals into Liga Portugal in 2024/25 where both a fee and a valuation are on record, 0 were done at a higher multiple than this one — 0% of them. That is what makes this price ordinary or unusual: its own league, its own season, not a feeling about the player.

A market value is the market's estimate, not a price tag, and a club paying above or below one is doing business, not making a mistake. What the gap measures is how far this club's read sat from the consensus — nothing about how the player performs next.

Transfer record, fees and market values: ACTUAL TRANSFER MARKET (actualtransfermarket.com). Analysis: ACTUAL SPORT INTELLIGENCE.