Transfer insider Mohamed Toubache-Ter is reporting VfB Stuttgart's bid came in at €19.5 million and Ajax's at €18 million — both declined.
Strasbourg's firm position at €27 million total represents a significant step up from either offer, and with Nanasi contracted until 2029, they hold strong leverage in the negotiation.
The 23-year-old Swede joined Strasbourg from Malmö FF in August 2024 for €11 million and has registered 10 goals and five assists in 34 appearances across all competitions this season. He operates primarily from the left side, though Martial Godo has established himself as the preferred choice in that position in bigger matches, limiting Nanasi's influence in the most important games this campaign.
He is a Sweden international and part of the squad for the 2026 World Cup in North America, which will give him a high-profile platform ahead of any summer deal.
Stuttgart's interest is long-standing. Borussia Dortmund and Eintracht Frankfurt were both linked with Nanasi in previous windows. Ajax, who are in the market for attacking reinforcements following a Europa Conference League final exit and the potential appointment of Michel Sánchez as head coach, view him as a profile that suits their system.
Strasbourg face a summer of significant departures. Emanuel Emegha has joined Chelsea, Valentín Barco is also heading to Stamford Bridge, and both Diego Moreira and Nanasi could follow. The club's valuation of Nanasi makes clear they intend to profit from the interest before allowing anyone through the door.