Atalanta and Roma Lead Serie A Clubs Adding Most Value Through Transfers

A study by CIES Football Observatory found that Atalanta and Roma were the Serie A clubs that added the most value through transfers over the last five years. The research group ranked 251 clubs worldwide by the change in value of players signed from outside their academies since 2022.

Atalanta, with a gain of 354 million euros, ranked 10th in the world and became Italy's best club. Roma stands joint 13th in the world with 323 million euros, and 291 million euros of that figure comes from players who are still under contract. Udinese had 252 million euros, while Bologna and Inter each had 236 million euros, completing the top five in Italy.

Fiorentina ranks 236th with a loss of 27 million euros. The club lost 51 million euros on players it sold, while spending a total of 569 million euros on transfers and generating income. Cremonese (minus 25 million euros) and Palermo (minus 17 million euros) were the other Italian clubs that recorded losses.

Milan's record was weak relative to its spending. The club had Italy's highest transfer volume at 986 million euros, but its total gain was only 69 million euros, leaving it 123rd. The current value of Milan's players is also 20 million euros below what the club paid for them.

Napoli earned 128 million euros and ranked 63rd, while Juventus lost 85 million euros on the players it sold.