CIES Football Observatory recently released their bi-annual list of the players with the highest estimated transfer value in the top five European leagues.

This week, we will be listing their highest-valued forwards, based on the algorithm they use which takes into account eight different variables.

Age, contract length, recent performances, career progression, international status, inflation, as well as the sporting and economic level of their clubs are all considered.

Press the next page as we go through the top five most valuable forwards.