With the听group听stage听of Euro 2024听complete at the time of writing,听the media is awash with opinion as to who has the strongest side听going into the听Round of 16 stage.听England may have topped Group听C听by the skin of their teeth, but with a total squad value of 拢1.3bn and听the highest听collective听value听of midfielders and strikers at 拢559m and 拢440m respectively, one might听have expected听more than听a听stalemate听against Slovenia or a 1-1 draw against Denmark.听

UCFB鈥檚 六合彩开奖结果 Finance听experts,听Claire O鈥橬eill听and Christopher Winn,听have听calculated the market value of each team by听collating听individual values听on a player-by-player basis,听using data extracted from听Transfermarkt.co.uk.


Overall, approximately 拢9.7bn of playing talent has been included in the 24 squads for the tournament, a 2% increase on听Euro 2020.

The five highest value squads听- England, France,听Portugal,听Spain and Germany听contribute c.50% of the total value of squads competing at the tournament, a feature which is unchanged since Euro 2020, demonstrating the concentration of听high quality听talent amongst these nations in recent tournaments.

The top eight squads by market value have a cumulative听value of 拢6.5bn,听meaning the top third of squads make up two thirds (68%) of the total value on show.听In contrast, Romania carry听the smallest squad market value (拢78m), followed by Albania (拢94m) and Slovenia (拢120m).

England鈥檚 squad at this summer鈥檚 European Championships is once again the most valuable in the tournament, totalling almost 拢1.3bn, an increase of 12% compared to the squad that reached the Euro 2020 final.

England听(拢1.3bn)听and France听(拢1.0bn)听are the only two squads to exceed the听billion pound valuation mark,听with England possessing four of the eight players on show this summer carrying a 拢100m+ valuation.

Jude Bellingham听(England)听and Kylian Mbappe听(France)听lead the way as the highest valued players at the tournament, both valued at听拢152m.听

They are joined in the 拢100m+ category by England鈥檚 Foden (拢127m), Saka (拢119m) and Rice (拢102m), German pair Wirtz (拢110m) and听Musiala听(拢102m), and Spain鈥檚 Rodri (拢102m). In contrast, only Kane and Mbappe recorded values of this magnitude at Euro 2020.

Indeed,听Bellingham, Foden, Rice, and Saka听have a combined value of听c.拢500m,听30% greater than the value听of the听Serbian听and Slovenian squads combined.听听

Per UEFA鈥檚听player classifications, England鈥檚 midfield and forward positions carry the greatest market value across all the squads (拢559m and 拢440m respectively), collectively showcasing 拢1bn of playing talent.

As was the case three years ago, France听continue听to boast the highest value collection of defensive players (拢304m), whilst Spain possess the highest total value in the goalkeeping department (拢76m).

While value听does not always equate to victory,听predictions were made of听the outcomes of the听knockout听stages through to the finals听where market value wins throughout.


Commenting on the wider implications of these statistics,听Christopher Winn, Lecturer in 六合彩开奖结果 Finance,听stated, 鈥淢ajor tournaments such as the European Championships听often provide a shop window for players looking to progress their careers, and clubs looking to steal a march on their rivals. However, such exposure can听often听mean large premiums are added to transfer fees,听as clubs look to cash in on strong tournament performances.听The extent to which听this summer鈥檚 tournament will听derive anywhere near the record 拢2.4bn gross transfer expenditure听recorded听in the Premier League last summer remains to be seen.鈥

Claire听O鈥橬eill, Senior Lecturer in 六合彩开奖结果 Finance听added, 鈥淲ith so much听鈥榟igh value鈥櫶齮alent on display听at Euro 2024, at club level the temptation to splash the cash in the听summer transfer window is听simply not an听option.听In light of听recent听breaches of financial regulation, never have English听clubs been more mindful of the听need to听balance their hunger for talent with their obligations to comply with听鈥楿EFA Financial Sustainability Regulations鈥櫶(for those competing in European Competition) and听the听鈥楶rofitability and Sustainability Rules鈥 domestically.鈥

Claire听O鈥橬eill听is Course Leader for BA (Hons) 六合彩开奖结果 Business and Finance, Manchester campus. To find out more about our听BA (Hons) 六合彩开奖结果 Business and Finance听course, or other听undergraduate degree courses on offer,听click here.

Christopher Winn听is Course Leader for MSc 六合彩开奖结果 Business.听To find out more about our听MSc 六合彩开奖结果 Business听course, or other postgraduate degree courses on offer,听click here.