€8.0m under the valuation: Fedor Chalov moved to PAOK at 0.27× his market price

PAOK paid €3.0m for Fedor Chalov. The market value recorded against him at the time was €11.0m. The difference is €8.0m, and the ratio is 0.27×.

Of the 35 deals into the Super League Greece in 2024/25 where both a fee and a valuation are on record, 29 were done at a higher multiple than this one — 83% 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.