Most Valuable Team Index: Eagles’ Market Value Improves To €281m

October 23, 2024
Eagles reconvene for libya clash
Eagles reconvene for libya clash

The market value of the Nigerian national team, the Super Eagles, has risen in the World’s Most Valuable team index. The improvement is coming after three consecutive drops.

In January, the Super Eagles were rated as one of the world’s most valuable teams, boasting a total market value of €465.90 million. However, this figure took a significant nose dive in July, plummeting to €252 million, a drop of over 50%.

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The poor run in the World Cup qualifiers against Benin Republic and South Africa under former Coach Finidi George where the Eagles only managed to earn a point from a possible six affected the team’s market value reducing same by a further €91 million, marking their second substantial drop for the year.

Fortunately, recent developments have seen the Super Eagles bounce back. According to the latest report from Transfermarkt, Nigeria’s squad value has increased to €281 million.

READ ALSO: AFCON Qualifiers: Super Eagles Still Leading Despite Aborted Libya Game

This improvement in valuation has allowed Nigeria to climb seven spots in the rankings, positioning the national team as the 19th most valuable international team worldwide.

Despite this climb in value, the Eagles have yet to regain their status as Africa’s most financially valuable team, a title currently held by Morocco.

As it stands, the Super Eagles trail behind Morocco, who, despite suffering a substantial drop of €75 million, manage to retain a squad value of €325 million, allowing them to stay ranked 16th globally.

Senegal stands third on the continent with a valuation of €276 million, while the reigning Africa Cup of Nations champions, Ivory Coast, have slipped to fourth in Africa and 25th globally with a market value of €245 million. Ghana occupies the fifth spot, valued at €228 million and €179 million, respectively.

On the global stage, England maintained their position as the most financially valuable national team, with an impressive market value of €1.34 billion.

France have now moved up to second place, edging out  Brazil, with a squad value of €1.06 billion. Portugal (€972 million), The Netherlands (€778 million), and Brazil (€767 million) complete the top five national teams worldwide.

The Eagles have so far been maintaining a good run in the ongoing AFCON qualifiers and look good to be one team to be at the party in Morocco come next year. The team currently lead Group D with 7 points while awaiting the decision of the botched game against Libya.

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Julius Okorie is Chief Sports and Entertainment Correspondent for Prime Business Africa. He began his journalism career with the Champion Newspaper and Sporting Champion and later moved on to Daily Independent and the Nation Newspapers. Okorie joined Prime Business Africa in 2024 bringing on board 20 years of experience in writing investigative news on Sports and Entertainment. His well researched and highly informative articles on Sports Business and general entertainment are followed by a wide range of audience.

Julius Okorie

Julius Okorie is Chief Sports and Entertainment Correspondent for Prime Business Africa. He began his journalism career with the Champion Newspaper and Sporting Champion and later moved on to Daily Independent and the Nation Newspapers. Okorie joined Prime Business Africa in 2024 bringing on board 20 years of experience in writing investigative news on Sports and Entertainment. His well researched and highly informative articles on Sports Business and general entertainment are followed by a wide range of audience.

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