Manager: Eric ten Hag (2024/25, 2025/26) watched by Benfica
Shortlisted: Zinedine Zidane, Vincent Kompany

After a first season of rebuild, won the Bundesliga in the second season.

IN:
- Gvardiol (Leipzig) - 60 M
- Araújo (Barcelona) - 75 M
- Palhinha (Fulham) - 40 M
- Gravenberch (Liverpool) - 38 M
- Diaz (Liverpool) - 45 M
- Felix (Atletico Madrid) - 50 M
- Gakpo (Liverpool) - 15 M loan fee
- Koulibaly (Liverpool) - free

OUT:
- Guerreiro (Arsenal) - 25 M
- Sane (Liverpool) - 30 M
- Davies (Liverpool) - 25 M
- Upamecano (Chelsea) - 50 M
- Choupo-Moting (Man Utd) - free
- Coman (PSG) - 30 M
- Muller (Liverpool) - free
- Musiala (Man City) - 115 M