The transfer market value of a player is a dynamic figure that is influenced by a number of factors. Firstly, the age of a player plays a crucial role in determining his value as young players have potential for development and often have a higher market value.
Performance and skill level are also crucial, with consistent and exceptional displays on the field generally driving player's value upwards. A player's position can also significantly affect their market worth as certain positions are in higher demand than others.
Additionally, the contract status of a player and the remaining years on their current deal can have an impact on their market value. Players who are in the final year of their deals often command lower fees.
Without further ado, let's take a look at the five most valuable players in the Premier League at the moment (October 2023).
#5 Rodri (Manchester City) - €100 million
Manchester City's holding midfielder Rodri has earned his flowers over the last several seasons. He has been an indomitable presence at the base of City's midfield and his unparalleled tactical intelligence and technical proficiency have been critical to their successes of late.
Not only does the Spaniard break up opposition attacks consistently but he is also excellent at recycling possession and pulling strings from the centre of the park. Additionally, he also contributes with some crucial goals from midfield.
Rodri is one of the most vital cogs in City's system. This became very apparent in recent weeks. Guardiola's side has suffered three defeats in their last four matches in all competitions while the Spaniard remained suspended after picking up a straight red card against Nottingham Forest (September 23).
Therefore, it should come as no surprise that he is one of the Premier League's most valuable players.
#4 Declan Rice (Arsenal) - €100 million
Declan Rice is widely regarded as one of the best midfielders in the Premier League. With his doggedness and technical qualities, Rice has been one of the best players in the Premier League over the last several seasons.
Arsenal roped him in from West Ham United this summer for a sum of €116.6 million. He is slowly hitting his stride at the Emirates and is expected to make the Gunners a much more well-rounded unit.
The England international has a transfer market valuation of €100 million at present.
#3 Phil Foden (Manchester City) - €110 million
Phil Foden is one of the most technically gifted youngsters in the world. The Manchester City man can play in a variety of roles across in midfield as well as in attack. Foden's versatility and tactical understanding of the game have made him a dynamic weapon in Guardiola's arsenal.
Foden has also been a consistent performer for City in recent seasons and he is expected to become a central figure for them and the England national team for years to come. His current transfer market value stands at €110 million.
#2 Bukayo Saka (Arsenal ) - €120 million
Bukayo Saka is one of the best right-wingers in the world right now. The 22-year-old's composure and technical ability belie his age and he is a nightmare to defend against. He uses his low centre of gravity to execute sharp turns and utilizes his silky dribbling skills to glide past challenges.
Saka is also capable of whipping in crosses with either foot and this adds an air of unpredictability to his game. The Englishman was one of Arsenal's standout performers as they gave City a run for their money in the Premier League last season.
Saka's current transfer market value is €120 million.
#1 Erling Haaland (Manchester City) - €180 million
Well, this ought to come as no surprise. Erling Haaland is only 23 but is already regarded as the finest striker in the game. The Norwegian marksman is an extremely prolific goalscorer whose movement, game-reading ability, athleticism and composure are already elite.
Haaland is one of the frontrunners in the 2023 Ballon d'Or race thanks to his exploits for Manchester City in his debut season in the Premier League. Already a continental treble winner, Haaland is widely tipped to have a phenomenal career if he can keep this up. He has a transfer market value of €180 million.