Vargas helped Switzerland reach the quarter-finals for the first time in 72 years, scoring twice and setting up another, including the penalty that sent them past Colombia. That form has moved his Transfermarkt valuation from €12 million to €15 million, and Sevilla's sporting director José Ignacio Navarro is now working from a floor of at least €20 million for any sale — a figure that has already priced out some of the English clubs who circled him earlier in the window.
West Ham made contact first, before Tottenham and Brighton emerged as the more sustained suitors; Aston Villa also made concrete enquiries, though Unai Emery's club ended up spending closer to €70 million on Switzerland team-mate Johan Manzambi instead, hijacking a deal Newcastle United had all but agreed with Freiburg. Turkish side Trabzonspor have also been mentioned as admirers.
None of that interest has yet translated into an offer Sevilla are willing to accept, and head coach Luis García Plaza is simply waiting for Vargas and international team-mate Djibril Sow, who also reached the quarter-finals with Switzerland, to return from holiday and report for pre-season training this week. Both remain under Sevilla's control regardless of the speculation, with any sale contingent on the club receiving a bid at or above their new valuation.
Vargas's rise in profile mirrors a familiar summer pattern, where a strong tournament can sharply reset a player's price just as Premier League clubs are weighing up late-window additions. Whether any of his earlier suitors return with an improved offer before the market closes is likely to determine whether his next club is in England at all.
Sevilla signed the Dominican-born winger from Augsburg in January 2025 for a reported fee of around €2.5 million, meaning even a sale at the club's new €20 million floor would represent a huge profit inside 18 months. That financial upside gives Navarro added incentive to hold firm rather than accept a lower offer simply to move the player on quickly.