Bilal El Khannouss value rockets after Leicester City exit amid sell-on clause

Former Leicester City playmaker Bilal El Khannouss' value is estimated to have already increased after joining Stuttgart permanently in the summer.

The Moroccan spent last season on loan with the Bundesliga side after City were relegated from the Premier League. El Khannouss played 41 times for Stuttgart, scoring nine and assisting seven.

His permanent move was confirmed in July following the turn of the financial year. Reports in Germany claimed that Stuttgart paid €17m (£14.6m) on top of the €3m (£2.6m) loan fee paid last year.

LeicestershireLive understands Leicester do have a sell-on clause in the agreement with Stuttgart, although the exact percentage is unknown.

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After a decent World Cup campaign with Morocco, the midfielder and Stuttgart have got off to a slow start this season. They have won just one of their first four games and lost the other three.

However, the ex-City man hasn't lost any value. Respected analysts CIES Football Observatory have estimated his current transfer value could be as high as €64m (£54.1m), which is significantly more than what Stuttgart paid for him.

In its latest analysis of estimated transfer values, CIES Football Observatory - a specialised research group that conducts statistical, demographic, and economic analyses of professional football worldwide - has calculated the most valuable player at each club.

Established in 2005, it operates as a part of the International Centre for Sports Studies (CIES) - an independent centre located in Neuchatel, Switzerland, created as a joint venture with FIFA.

Since its creation, the CIES Football Observatory research group has become a reference point in the demographic and economic study of the football players’ labour and transfer markets, the analysis of the clubs’ and players’ performance (technical, tactical, physical), as well as the scientific estimation of transfer values.

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