When Manchester City signed Jack Grealish from Aston Villa in 2021 for a British record £100 million, expectations soared. The charismatic winger, known for his dazzling dribbles and creative flair, was heralded as the final piece in Pep Guardiola’s trophy-hunting machine. Fast forward to 2025, and the narrative has shifted. Grealish, now 29, is no longer viewed as the £100 million superstar, with his market value estimated at around £30-35 million. Yet, this recalibration of his worth could unlock new possibilities for both the player and Manchester City, offering a chance to redefine his role or facilitate a strategic squad refresh.
Grealish’s journey at the Etihad Stadium has been a tale of highs and lows. His second season, 2022-23, was a pinnacle, as he played a pivotal role in City’s historic Treble, including a Champions League triumph over Inter Milan. His ability to carry the ball and draw fouls disrupted opponents, earning praise from pundits like Rio Ferdinand, who called him “unplayable” during a standout performance against RB Leipzig. Grealish’s knack for creating chances—35 in that season’s Champions League alone—set a record for an English player. Off the pitch, his infectious personality made him the face of City’s celebrations, endearing him to fans and teammates alike.
However, the £100 million price tag has cast a long shadow. Critics argue Grealish has not consistently justified the fee, especially when compared to teammates like Kevin De Bruyne and Erling Haaland, who cost significantly less yet deliver prolific output. Injuries, including groin and hamstring issues that sidelined him for 59 days in 2023-24, disrupted his rhythm. This season, Grealish has struggled for minutes, starting just nine of City’s 39 Premier League matches since January 2024 and often being overlooked for younger talents like Savinho. “Savinho is in better shape and everything than Jack,” Guardiola admitted, emphasizing the need for Grealish to fight for his place. Former City goalkeeper Shay Given expressed frustration, noting, “He comes in, plays a game or two and then is back out again, no matter how well he does.”
Despite these challenges, Grealish’s reduced market value could be a blessing in disguise. With his contract running until 2027, City face a decision: reintegrate him or explore a transfer. Financially, the club is well-positioned. Grealish’s £100 million fee was amortized over six years, meaning his book value is now around £33 million. A transfer at £30 million would not incur a significant loss, and his high wages—befitting a £100 million star—could be renegotiated by a buying club. This flexibility allows City to pursue new targets, especially with De Bruyne’s departure looming. “With De Bruyne leaving, I would love to see Guardiola build the team around Jack Grealish playing in a central role,” Given suggested, envisioning a revival in a free-roaming No. 10 position, reminiscent of Grealish’s Villa days.
On the pitch, Grealish has shown glimpses of his potential. His recent goal against Leicester City, his first in the Premier League since December 2023, was a reminder of his quality. Guardiola praised his impact in a 3-0 win over Nottingham Forest, saying, “Jack gave us that pace. When it came to accelerating and controlling, he was key.” These moments suggest Grealish could still thrive if given consistent opportunities, perhaps in a central role where his ball-carrying and vision can shine. His time under interim England manager Lee Carsley, where he excelled centrally, offers a blueprint for success.
For Grealish, the challenge is clear. “Do I want the Jack that won the Treble? Yeah, I want it,” Guardiola declared, urging him to prove his worth daily. Personal struggles, which Grealish alluded to last season, have added complexity, but his resilience remains. “I’ve had times this season that I’ve struggled off the pitch, and he’s been there for me,” he said of Guardiola’s support. A move elsewhere—potentially to Tottenham, as speculated—could offer a fresh start, but staying and fighting for his place aligns with his self-professed drive. “Laid-back doesn’t mean I’m not driven,” Grealish insisted in a recent campaign, emphasizing his commitment.
For Manchester City, Grealish’s diminished price tag removes the weight of expectation, allowing strategic flexibility. Whether he stays to reclaim his spark or departs to fund new signings, the club stands to benefit. His Treble contributions, including starring roles against Arsenal and Real Madrid, ensure his legacy endures, but the future hinges on adaptation. As City navigate a post-De Bruyne era, Grealish’s next chapter—whether at the Etihad or beyond—promises to shape their ambitions. The £100 million man may be gone, but the player who captivated Villa Park and dazzled in Istanbul still has much to offer.