1.59× the market's number: what Red Star paid over Loizos Loizou's €2.2m valuation

Red Star paid €3.5m for Loizos Loizou. The market value recorded against him at the time was €2.2m. The difference is €1.3m, and the ratio is 1.59×.

Of the 2 deals into the Serbian First League in 2026/27 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.