France have been named the most expensive squad at the World Cup, with Spain and England close behind in a new market-value ranking.
The figures come from TransferRoom data shared by Diario Olé, which lists the ten most valuable national-team squads heading into the tournament.
The 2026 World Cup will be a 48-team World Cup, staged in Canada, Mexico and the United States.
France lead the most expensive World Cup squad list
According to the data, France’s squad is valued at €1.46bn, just ahead of Spain at €1.41bn and England at €1.40bn.
- France, €1.46bn
- Spain, €1.41bn
- England, €1.40bn
- Germany, €1.13bn
- Portugal, €1.01bn
- Brazil, €941m
- Netherlands, €867m
- Argentina, €739m
- Belgium, €672m
- Norway, €638m
The top five is made up entirely of European teams, while Brazil are the highest-ranked South American side.
Spain and England are close behind France
France’s lead is narrow, with just €10m separating Spain from England in second and third.
Only €60m separates the top three overall. Squad value does not always translate into tournament success.
But the close valuations show how tightly grouped the leading squads are before the expanded World Cup.
Brazil and Argentina sit outside the top five
Brazil are sixth on the list at €941m, with Argentina eighth at €739m. The Netherlands, valued at €867m, sit between them in seventh.
Belgium and Norway round out the top ten, with Norway valued at €638m. Squad values can vary depending on the source, and Transfermarkt’s World Cup participant page lists different totals for some of the same teams.
That makes the TransferRoom figures a market snapshot, not a predictor of which squad is best equipped to win the tournament.
Receive exclusive football transfer news and updates twice a week to your mailbox
