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Leicester City midfielder Wilfred Ndidi is among Europe’s 100 most valuable players, according to latest figures.

The Nigerian is calculated to be worth €62.7m (£55m), making him the 79th most expensive footballer playing in the continent’s top five divisions: the Premier League, La Liga, Bundesliga, Serie A and Ligue 1.

However, Ndidi’s price tag has dropped nearly €15m since January, when he was valued at €77.4m (£68m) and ranked 51st.

The 21-year-old’s worth has been worked out by Swiss analytics company CIES Football Observatory , whose algorithm factors in position, age, nationality, club, contract length and, of course, ability.

Ndidi’s depreciation could be due to a number of reasons. He has six months fewer on his contract, which runs to 2022, and he missed a chunk of games in the second half of the season due to suspension and injury, all while City’s form deteriorated.

Nevertheless, Ndidi, who cost City £18m in January 2017, remains more valuable than the likes of Lyon playmaker Nabil Fekir, Liverpool centre-back Virgil van Dijk and Manchester United forward Anthony Martial.

CIES’s algorithm believes Spurs striker and former City loanee Harry Kane is the costliest footballer in Europe at €201.2m (£176.7m).