Victor Osimhen’s estimated transfer valuation has dropped by £10 million on Transfermarkt.
The Nigerian striker is now valued at £55 million (€65 million), down from £65 million (€75 million).
The revision comes just weeks after Arsenal held discussions with Galatasaray over a potential move.
Reports indicated the Gunners explored a possible swap deal involving Gabriel Martinelli and Ethan Nwaneri.
That option is no longer available after Martinelli joined Al-Hilal for £55.7 million and Nwaneri moved to Borussia Dortmund on loan.
Osimhen, 27, has continued to score regularly for Galatasaray following his permanent transfer from Napoli.
He has recorded strong goal contributions during his time in Turkey.
Arsenal first showed interest in the forward in 2024 but stepped back when Napoli’s asking price exceeded £100 million.
Mikel Arteta’s side have since won the Premier League title, yet questions remain over their striking options.
Viktor Gyökeres has yet to hit top form this season, while Kai Havertz continues to manage injury concerns.
January Window Possibilities
The reduced valuation could make Osimhen a more realistic target in the January transfer window.
His high wage demands, reported to be in the region of €20 million annually including bonuses, remain a potential obstacle for Premier League clubs.
Arsenal are understood to have been reluctant to match those salary expectations in previous talks.
Osimhen remains under contract at Galatasaray until 2029.
The Turkish champions paid a significant fee to secure him permanently and are likely to demand a substantial sum for any departure.
Interest from other European clubs has also been reported in recent months, though no firm bids have materialised.
The drop in market value reflects both his age and the limited transfer activity surrounding him since the summer window closed.
Arsenal supporters will watch developments closely as the January market approaches.
Any renewed pursuit would depend on the club’s assessment of its current forward line and financial constraints under Premier League spending rules.
