The Most Expensive National Football Teams at the 2023 Asian Cup: Where Does Indonesia Stand?

The 2023 Asian Cup, or AFC Asian Cup, is a prestigious football tournament at the Asian level held every four years. Twenty-four teams will compete for the championship title.

Before that, these 24 teams had to go through qualifying rounds to secure their positions in the 2023 Asian Cup.

Meanwhile, the Indonesian U-23 national team (timnas) recently made history by qualifying for the final round of the U-23 Asian Cup in Qatar in 2024 for the first time.

This achievement was made after the Indonesian national team beat Turkmenistan 2-0 in a match held at Manahan Stadium in Solo, Central Java, on Tuesday evening (12/9/2023) WIB.

"Alhamdulillah, we qualified for the U-23 Asian Cup for the first time in history. This proves that we can," said the Chairman of the Indonesian Football Association (PSSI), Erick Thohir, after the match, as reported by *Katadata.co.id*, Wednesday (13/9/2023).

Considering the positive achievements of the Indonesian national team, what is the valuation of the Merah Putih squad in the 2023 Asian Cup?

According to Transfermart, the market value of the Indonesian national team is ranked 13th in Asia, reaching EUR 7.88 million or approximately Rp 128.69 billion (assuming Rp 16,499 per EUR).

Meanwhile, Japan occupies the first rank as the most expensive national football team in the Asian zone with a valuation of EUR 236.15 million.

This is followed by South Korea in second place with a value of EUR 44.05 million.

Here is a complete list of the 15 national football teams with the highest valuations in the 2023 Asian Cup according to Transfermarkt data as of September 13, 2023:

1. Japan: EUR 236.15 million
2. South Korea: EUR 180.25 million
3. Iran: EUR 44.05 million
4. Australia: EUR 41.35 million
5. UAE: EUR 29.36 million
6. Saudi Arabia: EUR 28.20 million
7. Uzbekistan: EUR 25.95 million
8. Qatar: EUR 13.80 million
9. China: EUR 10.68 million
10. Iraq: EUR 10.40 million
11. Kyrgyzstan: EUR 8.58 million
12. Jordan: EUR 8.18 million
13. Indonesia: EUR 7.88 million
14. Syria: EUR 7.65 million
15. Thailand: EUR 7.60 million

(See also: List of Football Players with the Most Expensive Transfers at the Beginning of Summer 2023)