The Super Eagles of Nigeria have experienced a significant decline in their squad market value, as reflected in the latest valuation released on Monday, July 9.
Following their second-place finish in the 2023 Africa Cup of Nations (AFCON) on February 11, 2024, the team has encountered a series of setbacks.
Coach Finidi George’s departure in June, just two months after his appointment, has left the Nigeria Football Federation without a new head coach decision.
During this period of instability, the squad’s market value has plummeted from €465.90 million in January 2024 to €252 million as of July 9, 2024. This decline has been exacerbated by inconsistencies in player selections.
Victor Osimhen’s absence from the squad for the 2026 FIFA World Cup qualifiers against South Africa and Benin Republic in June contributed significantly to the team’s market value dropping by €91 million, marking the second-largest decrease in 2024.
Osimhen, who holds a market value of €110 million on his own, is noted for his substantial impact on the team’s valuation whenever he participates.
As a result of these developments, the Super Eagles have slipped from being the 15th most valuable squad globally to the 26th position. They have also relinquished their top spot in Africa to Morocco, now ranking fourth on the continent.
Ivory Coast follows Morocco as the second most valuable African team with a market value of €289 million and a global ranking of 22nd. Senegal takes third place in Africa with a value of €253 million, while Ghana ranks fifth with €214 million.
At the top of the global standings, England retains its position as the most valuable squad with a market value of €1.52 billion. Brazil, Portugal, Spain, and Germany complete the top five, showcasing their dominance in the football market.