England 1-0 Iceland: Three Lions' current UEFA Nations League squad is worth €1bn

Raheem Sterling scored England's winner vs Iceland on Saturday

England's 1-0 win away in Iceland yesterday evening is a game that will not live long in the memory.

Gareth Southgate's side may have kickstarted their UEFA Nations League campaign with three points, but their performance in Reykjavik was pretty dire.

The Three Lions required a 90th-minute penalty from Raheem Sterling to secure victory after Kyle Walker's second half red card.

Iceland's Birkir Bjarnason then squandered a chance to equalise from the spot seconds later following a dubious foul from Joe Gomez.

All in all, it was a game that proved England still have significant deficiencies, especially in the midfield department.

Southgate hands out instructions

But that doesn't mean the talent isn't there. Despite their struggles against Iceland, the Three Lions' current squad for the Nations League is worth a whopping €1bn.

That's over €100m more than any other team on the continent and you can view the squad valuations of the top 40 European nations below.

All data sourced from Transfermarkt.

The Bulgaria team in action

40. Bulgaria

Squad value: €23.1m

39. Sweden

Squad value: €23.4m

38. Iceland

Squad value: €23.5m

37. Kazakhstan

Squad value: €23.78

36. Montenegro

Squad value: €25.7m

Montenegro in training

35. Finland

Squad value: €34.9m

34. Israel

Squad value: €42.0m

33. Georgia

Squad value: €42.1m

32. Northern Ireland

Squad value: €45.3m

31. Romania

Squad value: €53.0m

Romania celebrate scoring

30. North Macedonia

Squad value: €59.2m

29. Hungary

Squad value: €69.0m

28. Kosovo

Squad value: €69.1m

27. Greece

Squad value: €70.4m

26. Bosnia and Herzegovina

Squad value: €72.4m

Bosnia's Edin Dzeko

25. Albania

Squad value: €101.8m

24. Czech Republic

Squad value: €110.5m

23. Slovenia

Squad value: €110.9m

22. Republic of Ireland

Squad value: €114.7m

21. Slovakia

Squad value: €134.7m

Slovakia's Marek Hamsik

20. Russia

Squad value: €146.0m

19. Ukraine

Squad value: €151.2m

18. Switzerland

Squad value: €162.3m

17. Wales

Squad value: €172.2m

16. Austria

Squad value: €186.0m

Austria's Marcel Sabitzer

15. Scotland

Squad value: €199.7m

14. Norway

Squad value: €231.9m

13. Poland

Squad value: €238.4m

12. Turkey

Squad value: €285.4m

11. Denmark

Squad value: €291.2m

Denmark's Christian Eriksen

10. Serbia

Squad value: €349.1m

9. Croatia

Squad value: €349.2m

8. Netherlands

Squad value: €561.8m

7. Belgium

Squad value: €697.2m

6. Germany

Squad value: €729.5m

Germany's Timo Werner

5. Portugal

Squad value: €736.5m

4. Spain

Squad value: €758.2m

3. Italy

Squad value: €847.0m

2. France

Squad value: €882.9m

1. England

Squad value: €1bn

England's Raheem Sterling

The Three Lions are comfortably clear of Europe's big hitters and that's without the likes of Marcus Rashford, Dele Alli and Harry Maguire in their squad - three players all worth over €50m.

One of the key reasons for their superiority in the valuation department is the presence of Sterling, Jadon Sancho and captain Harry Kane.

All three forwards are worth over €100m and to put that into perspective, only 10 players in world football have nine-figure values on Transfermarkt.

England are blessed with copious amounts of talent, but Southgate still has a lot of work to do if he is to turn this team into a force capable of winning major trophies.

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