The Super Eagles of Nigeria squad value dropped by -16.3 per cent, according to latest financial rankings of national teams by German-based football database, transfermarkt.
This represents a loss of €50.23 million in the market value of the Super Eagles, as their valuation fell to €256.90 million, from the previous networth of €307.13 million.
As a result, the country with the largest African economy, dropped to third on the continent’s financial rankings of national teams, while holding the 21st spot in the global ranking, down from 20th position.
Nigeria was outranked by Ivory Coast, which leapfrog over Senegal as the most valuable African team with a market valuation of €380.95 million, surpassing that of Senegal which is worth €286.50 million.
The ranking was determined based on the value of players in each national teams, and the absence of Napoli forward, Victor Osimhen, due to injury led to the decrease in Super Eagles market value.
According to the ranking, which covers the end of the 2021/22 season and the 2022/23 season, Osimhen, despite his injuries, was still able to pull up increased valuation in the limited time he played.
Osimhen’s worth rose by €5 million in market value, to €65 million, from €60 million. Wilfred Ndidi came close despite his value dipping by €10 million due to injuries and bad form. His worth fell from €60 million to €50 million.
Other players that had their value disclosed are Kelechi Iheanacho €20 million, Samuel Chukwueze, €20 miilion, Goalkeeper Maduka Okoye with €3.5 million, rising from €2.5 million after joining Watford.
Also, on the list are Captain Ahmed Musa (€3.40m), Cyriel Dessers (€6m), Frank Onyeka (€9m), Raphael Onyedika (€8m), as well as Ola Aina (€3.5m).
It was gathered that 17 players out of 27 players listed are valued below €10 million.