Tournament favourites France and Portugal may have crashed out of Euro 2020, but they've won another contest - having the most valuable watch collections.
Horology experts have calculated the combined value of timepieces from a host of European squads.
The clear winner was Portugal with a watch collection estimated to exceed at least £5.4 million.
Players like Cristiano Ronaldo have personal collections including a Franck Muller Cintre Tourbillon and a diamond set Breguet Double Tourbillon - estimated to be worth in excess of £1,000,000 and £560,000 respectively.
Defensive midfielder William Carvalho owns at least two Audemars Piguet Royal Oaks and one Richard Mille RM010, worth an estimated total of £120,000.
The report, compiled by pre-owned watch specialist Watchfinder & Co also revealed that despite a disappointing exit at the hands of Switzerland, France have the second-most valuable collection priced at just over £1.9 million.
Paul Pogba and Ousmane Dembele share an affinity for rare and expensive Patek Philippes, with Dembele enjoying a 5976 white gold Patek Chronograph, which was produced to celebrate 40 years of the Nautilus.
Meanwhile, Pogba has been spotted wearing an 'iced out' factory diamond set 5719 Nautilus model in white gold - these two timepieces alone are estimated to be worth £700,000.
England - fresh from tournament glory after beating Germany 2-0, placed third on the list with a collection estimated at approximately £1.8 million.
With 17 Rolexes taking up a large chunk of the team's collection, it's safe to say they have a penchant for the Genevan watchmaker.
Other notable pieces in the squad 'cabinet' include Harry Kane's 5164R Aquanaut Travel Time and a 5980R Nautilus Chronograph worth an estimated £265,000.
Marcus Rashford is in possession of an exceedingly sought-after Richard Mille RM35-02 (aka the Nadal) - this watch alone is valued at around £360,000.
The fourth and fifth places in the watch value charts went to the squads of Spain and Germany respectively.
And Switzerland, the spiritual home of luxury watches, only managed to place eighth on the list.
A spokesperson for Watchfinder & Co said: "Footballers have long been recognised for their impressive watch collections and we thought this year's Euros was the perfect opportunity to establish which national team really does have the most valuable collection.
"Our list won't be exhaustive as we are certain these players have even more extraordinary timepieces hidden away at home but it's been fascinating looking at the personal taste and style of each player - a great reminder of how diverse the watch industry is.
"With Ronaldo in their squad it was no real surprise that Portugal topped the table this year, his personal watch collection already exceeds an anticipated £4.5 million on its own.
"Rolex continue to prove most popular with the footballing elite with an average of 10 Rolex watches per national squad.
"And while Germany have a few less Rolex in their collection than their competitors, they do boast the greatest variety of brands with Rolex, Hublot, Patek Philippe, IWC and TAG Heuer all appearing on their wrists.
"Despite the results, you could argue that Switzerland are the 'real winners' here given that the vast majority of these timepieces are indeed Swiss."
WATCH OUT: THE ESTIMATED VALUES OF EURO SQUADS' WATCHES:
1. Portugal - £5.4m
2. France - £1.9m
3. England - £1.8m
4. Spain - £1m
5. Germany - £870k
6. Italy - £716k
7. Netherlands - £631k
8. Switzerland - 554k
9. Croatia - 533k
10. Austria - 516k
