Arsenal midfielder Alex Iwobi is now the Most Valuable Nigerian footballer in Europe according to the CIES Football Observatory for November.
The 22-year-old who signed a contract extension at the Emirates Stadium is the only Nigerian player abroad that is worth over 50 million euros according to the latest rankings.
The rankings are released for the top five league across Europe and Iwobi is now ahead of Leicester City midfielder Wilfred Ndidi who was ranked the Most Valuable Nigerian Player in Europe.
Iwobi overtakes Ndidi
Iwobi’s emergence as the most valuable Nigerian in Europe is no surprise as he has become a regular at Arsenal producing impressive performances for the Gunners.
The Hale Academy graduate is worth €52.4m, as Ndidi’s market value of €79.2m in February 2018 has now dropped to €49.8 million.
The €18.5m reduction in Ndidi’s value has come after he also signed a long-term contract with Leicester City after the 2018 FIFA World Cup in Russia.