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African Cup of Nations quarterfinalist teams boast €1 billion market value

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The market value of the eight teams reaching the quarterfinals of the 34th Africa Cup of Nations in Ivory Coast has collectively surpassed a significant milestone, reaching approximately €1.076 billion as of the new market values released on February 1st.

Before the tournament began, the combined market values of all 24 participating teams had exceeded €2.69 billion.

However, the outcomes of the group stage and the Round of 16 saw the exit of the top five-ranked teams on the continent and the elimination of all Arab teams, according to a report from the Emirates News Agency.

According to the specialized website “Transfermarkt,” which focuses on market values for players and teams, the host nation, Ivory Coast, currently tops the list of teams in the ongoing Africa Cup of Nations with a market value of €334.58 million.

The Ivorian team advanced from the group stage as one of the best third-placed teams before defeating Senegal, the defending champions, in the Round of 16 through a penalty shootout.

Nigeria secured the second position with a market value of €332 million, followed by Mali in third place with €137.80 million.

The Democratic Republic of the Congo, which overcame Egypt in the Round of 16 through a penalty shootout, claimed the fourth position with a market value of €110.40 million.

Guinea followed in fifth place with €89 million, and Cape Verde, which defeated Mauritania in the previous round, secured the sixth position with €27.20 million.

In the seventh position is South Africa, which advanced at the expense of Morocco, boasting a market value of €23.03 million.

Angola secured the eighth position with a market value of €22.25 million after a strong showing in the tournament.

Ibrahim Sannie

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