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France’s squad is worth 76 times more than Qatar’s. England sit second globally at €1.36bn — the only UK nation realistically challenging for the title. Scotland are at the tournament too, ranked 29th by value at €170.25m, and already beat Haiti in their Group C opener despite the numbers suggesting they should. Squad value tells part of the story. Not all of it.
All values are sourced from Transfermarkt. Euro figures are used throughout; GBP equivalents noted where relevant for UK context.
The 10 Most Valuable Squads at World Cup 2026
Four squads exceed €1 billion. Below Portugal in 4th, there’s a meaningful drop — Germany’s €947m marks the point where the genuine financial elite ends. Belgium sneak into 10th despite fielding what is effectively the tail end of their golden generation.
| Rank | Nation | Value (€) | Most Valuable Player | Their Value |
|---|---|---|---|---|
| 1 | 🇫🇷 France | €1.52bn | Kylian Mbappé | €200m |
| 2 | 🏴 England | €1.36bn | Jude Bellingham | €162.82m |
| 3 | 🇪🇸 Spain | €1.22bn | Lamine Yamal | €200m |
| 4 | 🇵🇹 Portugal | €1.01bn | Vitinha / João Neves | €162.82m each |
| 5 | 🇩🇪 Germany | €947m | Musiala / Wirtz | €116.3m each |
| 6 | 🇧🇷 Brazil | €928.2m | Vinicius Jr | €174.45m |
| 7 | 🇦🇷 Argentina | €807.5m | Álvarez / Fernández | €104.67m each |
| 8 | 🇳🇱 Netherlands | €754.2m | Ryan Gravenberch | €104.67m |
| 9 | 🇳🇴 Norway | €589.9m | Erling Haaland | €200m |
| 10 | 🇧🇪 Belgium | €547.5m | Jérémy Doku | €75.6m |
The top four nations are separated by just €510m across four squads of 26 players — tight at the top. Below Germany in 5th, the gaps open up. Brazil at €928m sit €121m behind Germany despite having Vinicius Jr as the fourth most valuable individual player in the tournament. Argentina are seventh despite being the reigning world champions — Lionel Messi’s age-discounted valuation of just €17.45m does most of the damage to their total.
France — Why Their €1.52bn Squad Leads the World
Six France players are valued at over €100m. No other squad at this tournament has more than three. Mbappé alone accounts for 13.2% of the total — remove him and France still have the second-most valuable squad at the tournament. Their bench would rank as a top-15 side.
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Ousmane Dembélé (PSG), William Saliba (Arsenal), and Rayan Cherki (Man City) complete the six-figure contingent. Didier Deschamps also has Griezmann, Tchouaméni, and Camavinga providing depth the bottom 30 squads can’t match individually, let alone collectively.
England — The £1.14bn Three Lions
At €1.36bn (~£1.14bn), England are €160m behind France but €140m clear of Spain in third. Four players are valued above €100m — Bellingham, Rice, Saka, and Morgan Rogers — and just five players in the entire squad fall below €25m. Thomas Tuchel has inherited genuine depth across every position.
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Scotland at the World Cup — 29th by Value, Already Causing Upsets
Scotland are 29th of 48 by squad value at €170.25m (~£143m) — a significant step up from their previous Transfermarkt valuation, reflecting the emergence of several high-value Premier League players. They sit between Czech Republic (28th, €188.18m) and Paraguay (30th, €153.65m). Wales did not qualify.
Scotland’s value gap against the tournament’s top sides is extreme — France’s squad is worth nine times Scotland’s entire roster. But upsets are happening. Australia beat Turkey in the opening days despite a significant value deficit, and Qatar held Switzerland to a point. Scotland won’t win the tournament, but their odds of making the Round of 32 are considerably better than their market valuation suggests.
The Three Players Worth More Than Most Squads
Kylian Mbappé, Erling Haaland, and Lamine Yamal share the highest individual valuation in world football: €200m each, per Transfermarkt. The next player on the list — Vinicius Jr — is €25.55m behind at €174.45m. The three-way tie at the top is unprecedented.
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Yamal’s €200m valuation at age 18 makes him the most valuable teenager in the history of Transfermarkt’s database. For context, when Mbappé was 18 he was valued at €35m. Haaland at 18 was €15m. The acceleration in valuations at the top end of the market is extraordinary.
The Bottom of the Table — Qatar’s €19.93m vs France’s €1.52bn
| Rank | Nation | Squad Value (€) | Most Valuable Player |
|---|---|---|---|
| 43 | 🇳🇿 New Zealand | €34.45m | Chris Wood ~€5m |
| 44 | 🇮🇷 Iran | €32.05m | Mehdi Taremi ~€10m |
| 45 | 🇨🇼 Curaçao | €25.78m | Juninho Bacuna ~€5m |
| 46 | 🇮🇶 Iraq | €21.2m | Mohanad Ali ~€4m |
| 47 | 🇯🇴 Jordan | €20.3m | Yazan Al-Naimat ~€3m |
| 48 | 🇶🇦 Qatar | €19.93m | Akram Afif ~€8m |
Fourteen squads at this tournament are valued below €100m. That’s not necessarily a death sentence — the opening days of this World Cup have already shown Australia beat Turkey and Qatar hold Switzerland. Value predicts probability, not scorelines.
Does Squad Value Predict the Winner?
The correlation is real but imperfect. All six of the last six World Cup winners ranked in the top six by squad value at their tournaments — but Argentina won in 2022 ranked 8th, and Greece won Euro 2004 as the lowest-valued side in the field. The numbers set the stage; the games decide it.
Transfermarkt ran their own full simulation of the 2026 tournament using squad values alone to determine every result. Their predicted outcome: France beat England in the final, with Spain and Belgium the other semi-finalists. Argentina — the reigning champions — lose in the quarter-finals to Portugal.
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Full World Cup 2026 Squad Values — All 48 Nations
Complete rankings sourced from Transfermarkt (PlanetFootball, June 2026). Values in euros.
| Rank | Nation | Value (€) |
|---|---|---|
| 1 | 🇫🇷 France | €1.52bn |
| 2 | 🏴 England | €1.36bn |
| 3 | 🇪🇸 Spain | €1.22bn |
| 4 | 🇵🇹 Portugal | €1.01bn |
| 5 | 🇩🇪 Germany | €947m |
| 6 | 🇧🇷 Brazil | €928.2m |
| 7 | 🇦🇷 Argentina | €807.5m |
| 8 | 🇳🇱 Netherlands | €754.2m |
| 9 | 🇳🇴 Norway | €589.9m |
| 10 | 🇧🇪 Belgium | €547.5m |
| 11 | 🇨🇮 Ivory Coast | €522.1m |
| 12 | 🇸🇳 Senegal | €478.1m |
| 13 | 🇹🇷 Turkey | €473.7m |
| 14 | 🇲🇦 Morocco | €447.7m |
| 15 | 🇸🇪 Sweden | €406.08m |
| 16 | 🇭🇷 Croatia | €387.3m |
| 17 | 🇺🇸 USA | €385.6m |
| 18 | 🇪🇨 Ecuador | €368.7m |
| 19 | 🇺🇾 Uruguay | €359.3m |
| 20 | 🇨🇭 Switzerland | €332.5m |
| 21 | 🇨🇴 Colombia | €302.35m |
| 22 | 🇯🇵 Japan | €270.85m |
| 23 | 🇩🇿 Algeria | €256.9m |
| 24 | 🇦🇹 Austria | €245.2m |
| 25 | 🇬🇭 Ghana | €234.5m |
| 26 | 🇨🇦 Canada | €198.65m |
| 27 | 🇲🇽 Mexico | €191.85m |
| 28 | 🇨🇿 Czech Republic | €188.18m |
| 29 | 🏴 Scotland | €170.25m |
| 30 | 🇵🇾 Paraguay | €153.65m |
| 31 | 🇧🇦 Bosnia & Herzegovina | €146.4m |
| 32 | 🇨🇩 DR Congo | €143.9m |
| 33 | 🇰🇷 South Korea | €139.05m |
| 34 | 🇪🇬 Egypt | €116.48m |
| 35 | 🇺🇿 Uzbekistan | €85.33m |
| 36 | 🇦🇺 Australia | €77.45m |
| 37 | 🇹🇳 Tunisia | €69.95m |
| 38 | 🇭🇹 Haiti | €55.9m |
| 39 | 🇨🇻 Cape Verde | €49.25m |
| 40 | 🇿🇦 South Africa | €49.25m |
| 41 | 🇸🇦 Saudi Arabia | €40.68m |
| 42 | 🇵🇦 Panama | €34.55m |
| 43 | 🇳🇿 New Zealand | €34.45m |
| 44 | 🇮🇷 Iran | €32.05m |
| 45 | 🇨🇼 Curaçao | €25.78m |
| 46 | 🇮🇶 Iraq | €21.2m |
| 47 | 🇯🇴 Jordan | €20.3m |
| 48 | 🇶🇦 Qatar | €19.93m |

