Super Eagles is the most financially valuable team in Africa, 13th globally

The Super Eagles have witnessed a massive rise in the squad market value in the latest financial rankings of national teams for the year released by Transfermarkt.

In the latest ranking, the three-time African champions move up one step and now ranked the 12th most valuable international team globally, while also cementing its position in Africa as the most financially valuable team on the continent.

The squad boasts of players who ply their trade in Europe’s lucrative leagues, making them one of the world’s most valuable teams, with a total value of €465.90m, which, according to the official rate on Tuesday, amounts to N465bn.

In October, they were placed 13th with a market value of €451.60m.

African champions, Morocco who are in second position in Africa and 13th globally enjoyed a massive rise in their squad value, moving from the previous €326.05m valuation to €350.80m.

Ivory Coast is third in Africa and 15th globally with a value of €340.58m, a €25.5m from their previous €315.08m.

Senegal remains fourth on the continent with a value of €266m but a drop in Algeria’s squad value saw Ghana (€285m)climb above the North Africans to fifth position.

Despite the drop in their value, England retain their position as the most financially valuable team in the world with a market value of €1.15bn compared to their previous €1.37bn, while Brazil climbed to second position with €1.09bn squad value.

France (€1.05bn), Portugal (€922m) and Spain (€837m) complete the top five national teams in the world.