4) Portugal – €923M

Fernandes

City duo Bernardo Silva (€80m) and Ruben Dias (€75m) are the two Portuguese players with the highest valuations, along with Manchester United’s Bruno Fernandes (€75m).

The biggest issue with Portugal’s squad is that they have a number of players in their thirties, including the likes of Cristiano Ronaldo, Pepe and Rui Patricio.