Real Madrid's era of dominance is looking increasingly distant, as the financial consequences of two consecutive seasons without major trophies are being felt heavily.
At the Bernabeu, a major drop in the team's value is being observed, with offensive stars Jude Bellingham and Vinicius Junior having suffered a significant decrease in their market value.
With Florentino Perez managing to bring Kylian Mbappe to an already star-studded squad, everything seemed unstoppable.
But two years later, the trophy record is disappointing, with only the UEFA Super Cup and the FIFA Intercontinental Cup won.
Sports failures have been directly reflected in financial terms.
The elimination from the Champions League quarterfinals by Bayern Munich and the fact that they are nine points behind Barcelona in La Liga have caused the team's value to drop by a full 176 million euros, according to "Transfermarkt".
Jude Bellingham has suffered one of the biggest falls, with his value dropping from €180 million to €140 million.
A similar trend is seen with Vinicius Junior, who has dropped from 180 million to 150 million euros, after an unstable period.
The Brazilian has even been described by some critics as one of the team's biggest disappointments.
Only eight players have increased their value, mainly young talents like Arda Guleri, who has made a huge increase from 30 to 90 million euros, as well as academy players like Asencio and Gonzalo.
In midfield, Eduardo Camavinga and Aurelien Tchouameni have also suffered significant drops – Camavinga from 100 to 50 million euros and Tchouameni from 100 to 75 million.
In defense, Eder Militao has dropped from 60 to 25 million euros, while Rodrygo Goes has lost a full 60 million, dropping to 50 million.
The only player in the starting lineup who has maintained his value is Federico Valverde, who remains at 120 million euros, in a difficult period for the rest of the squad./Express newspaper/