Dortmund and Cologne remain at odds over Said El Malai’s transfer fee, with ongoing talks as the player signals a preference for Dortmund.

Different outlets have floated various bid structures: a base around €26 million plus up to €16 million in bonuses (many not realistically attainable), about €34 million fixed with €6 million in bonuses, and a reported fixed sum above €30 million, while Dortmund’s coach and sporting director call out a flood of misinformation.

El Malaï’s breakout season featured 13 goals and 5 assists in 34 Bundesliga appearances, despite being left out of the World Cup squad.

Sky Germany highlights the problematic bonus targets, including claims El Malaï could win Bundesliga Player of the Season, finish as top scorer, and earn a Ballon d’Or nomination.

A completed transfer would reinforce Dortmund’s track record of attracting top young talents and continuing their development-focused strategy for youth players.

Cologne expresses dissatisfaction with Dortmund’s bid structure, particularly the unlikely bonus clauses.

Cologne has described El Malaï with a focus on his qualities and potential within their system.

El Malaï has drawn external interest since before his Bundesliga debut, including a €10 million offer from Brighton and a subsequent €15 million offer under discussion.

Roma is reportedly prepared to spend over €40 million to sign El Malaï, presenting serious competition if Dortmund cannot bridge the gap; RB Leipzig is also linked but not seen as ready to meet Cologne’s terms.

Roma’s potential bid over €40 million creates a clear alternative to Dortmund, with Leipzig as a secondary option.