Monday 27 June 2016 10:44, UK
There will be a couple of familiar names in the Iceland squad when they take on England in Nice on Monday, but the entire 23 cost less in their last transfer moves than it took for Manchester City to sign Raheem Sterling from Liverpool.
Gylfi Sigurdsson is the star player for Iceland and the best-known threat ahead of the last-16 tie in Nice, but Aron Gunnarsson's long throw-ins and Johann Berg Gudmundsson's shots from distance will be a worry for Roy Hodgson's side.
Minnows, Iceland qualified for the knockout stages without losing any of their three group games, but the transfer value of their team is just a fraction of those that they beat. So who exactly are the players who threaten to end England's Euro 2016 dream?
Hannes Thor Halldorsson - est. €300,000 - Sandnes Ulf to NEC Nijmegen
Iceland goalkeeper Halldorsson has been a regular first-choice for the national team since 2011.
The keeper has been heavily involved so far in the tournament and his saves to deny Cristiano Ronaldo and Nani proved critical in their opening 1-1 draw, but he looked shaky against Hungary and Austria (despite guessing the right way for the missed Austrian penalty).
The 32-year-old played the first 11 years of his career in Iceland before departing for Norway. Halldorsson was signed by Eredivisie club NEC Nijmegen in July 2015, but spent the second half of last season on loan in the Norwegian top-flight to ensure a regular starting place ahead of Euro 2016.
Outside of football Halldorsson has enjoyed success as a film director, most famously directing Iceland's video entry for the 2012 Eurovision Song Contest.
Ragnar Sigurdsson - €4.25m - Copenhagen to Krasnodar
Experienced centre-back Sigurdsson has over 50 caps for his country and provides a solid base for his team's organised defence to be built around.
Signed by Russian Premier League side Krasnodar in 2014, the 30-year-old has been a regular starter for the last two seasons as his club side finished third and fourth to qualify for the Europa League in both years.
Kari Arnason - Free - Rotherham to Malmo
Arnason, currently of Malmo but formerly of Rotherham, Aberdeen and Plymouth Argyle, can play in either central defence or midfield, but has lined up alongside Sigurdsson at the back so far in Euro 2016 - where he is likely to continue.
The 33-year-old made over 100 appearances for Rotherham and enjoyed back-to-back promotions from League Two to the Championship during his time at the club.
Arnason's flick-on set up the Iceland opener against Austria, but it was his goalline clearance to deny David Alaba that particularly caught the eye.
Ari Freyr Skulason - est. €263,000 - Sundsvall to Odense
Skulason played as a defensive midfielder for the formative years of his career, but an ability to play on the left flank and a gap in the Iceland squad at full-back saw him request a change of position at club level.
A move to Danish side in Odense offered the opportunity to change position at a higher level, and he has been a regular on the left of defence for the past three seasons.
Skulason is also dangerous from set-pieces at club level, but is down the pecking order for Iceland, with Gylfi Sigurdsson the stand-out goal threat from free-kicks.
Birkir Mar Saevarsson - est. €375,000 - SK Brann to Hammarby
A versatile defensive player, Saevarsson plays in his favoured position of right-back for the national team.
The 31-year-old made 168 appearances for Norweigan club Brann prior to a move to Hammarby in 2015, where he was voted newcomer of the year by the club's fans.
Saevarsson linked up well with right winger Johann Berg Gudmundsson in the group games, providing solid cover for the winger when he opted to push forward.
Aron Gunnarsson - Free - Coventry to Cardiff
Iceland captain Gunnarsson started all three games in the group stage and played a big role in helping his team into the second round. It was 27-year-old Gunnarsson who was fouled for the penalty opener against Hungary, while his long throws will worry England.
Gunnarsson's delivery from the touchline created a good chance against Hungary and produced the opening goal in the win over Austria.
The former Coventry City midfielder has played over 50 times for his country and scored the first ever Premier League goal for current club Cardiff City in their 3-2 win over Manchester City in August 2013.
Birkir Bjarnason - €2m - Pescaa to Basel
Basel midfielder Bjarnason's composed volley against Portugal earned Iceland a point against Cristiano Ronaldo and co, but his work-rate and defensive ability is more of an influence on the team than his goal threat breaking from midfield.
Bjarnason - nicknamed Thor due to his flowing blond hair and chiselled appearance - played in Italy for three years before joining Basel in 2015. And he has excelled in Switzerland, scoring ten times last season as he helped his club to the Swiss title.
Tactical sacrifices for the national team see him sit slightly deeper in midfield than he does for his club, allowing fellow central midfielder Gylfi Sigurdsson more freedom.
Arnor Ingvi Traustason - €1.9m - Norrkoping to Rapid Vienna
Midfielder Traustason has only played 24 minutes at Euro 2016, but it is his injury time winner against Austria that has set up Iceland's meeting with England.
The 23-year-old's performances for Swedish club IFK Norrkoping caught the eye of the Iceland management, helping the midfielder break into the squad late in qualification. He made his full debut in November and continued to impress at club level for the remainder of the season, earning a transfer to Rapid Vienna earlier this summer.
Traustason's lung-busting run from midfield allowed him get on the end of Elmar Bjarnason's cross in injury time against Austria, but his controlled finish on the stretch will have most concerned watching England scouts ahead of the last-16 tie.
Elmar Bjarnason - Free - Randers to Aarhus
A substitute in two of Iceland's three group games, Bjarnason is a left-sided midfielder who came off the bench to assist the winner against Austria.
His composure and vision on the break allowed him to pick out Traustason at the back post to secure a game against England, but the winger's impact is unlikely to have earned him a starting spot.
A former Celtic youngster, the 29-year-old made just one appearance for the first-team at Parkhead and has gone on to play most of his football in Scandinavia. Bjarnason has yet to score for the national team.
Gylfi Sigurdsson - €10.1m - Spurs to Swansea
Sigurdsson needs little introduction to English football fans. Signed as a youngster by Reading in 2008, the midfielder was given a chance in the Premier League four years later when he joined Swansea City on loan from German club Hoffenheim.
His seven goals in 18 games for the Swans was enough to earn him a permanent move to the English top-flight - with Tottenham Hotspur winning the race for his signature - but after two years, 58 appearances and eight goals for Spurs, Sigurdsson moved back to Swansea in 2014.
A key member of this Iceland side, Sigurdsson will start in central midfield and will be a set-piece threat if England give free-kicks away in dangerous areas. Sigurdsson went close to scoring from open play against Portugal, but did find the net against Hungary, coolly converting from the penalty spot.
Johann Berg Gudmundsson - Free - AZ Alkmaar to Charlton
Charlton Athletic winger Gudmundsson has enjoyed an excellent Euro 2016 so far. The right winger crashed a fizzing shot off the frame of the game against Austria, while his perfectly-judged cross set up the equaliser against Portugal in the opening game.
The 25-year-old grew up in England, but moved back to Iceland to start his football career following stints in the youth systems at Chelsea and Fulham.
Too good for the domestic division, Gudmundsson was snapped up by AZ Alkmaar in 2009 and spent five years in the Eredivisie before joining Charlton in 2014.
The wide man has proved dangerous shooting from range at the Valley and will be a threat on the counter-attack for Roy Hodgson's side.
Kolbeinn Sigthorsson - €3m - Ajax to Nantes
Striker Sigthorsson leads the line for Iceland and with 20 goals for the national team he is closing in on Eidur Gudjohnsen as the country's record all-time goal-scorer.
The forward scored 46 goals across spells with AZ Alkmaar and Ajax in the Eredivisie, but failed to repeat his scoring feats at Nantes last season, finding the net just three times in his debut season.
However, for the national team Sigthorsson has proved devastating in-front of goal, with his goals aiding crucial wins over Turkey and Czech Republic in qualifying.
Jon Dadi Bodvarsson - Free - Viking to Kaiserslautern
Kaiserslautern attacking midfielder Bodvarsson scored the opener against Austria, finishing calmly in a penalty area scramble from one of Iceland's dangerous long throws.
The 24-year-old features primarily on the wing for his club - who he joined from Norwegian side Viking in January - but is given more of a support striker role for the national team, adding an extra man to the midfield when defending while also offering pace on the counter-attack.
Eidur Gudjohnsen - Free - Shijiazhuang to Molde
Iceland's all-time record goal-scorer and the greatest footballer that his country has ever produced, 37-year-old Gudjohnsen has travelled to Euro 2016 knowing that he is likely to be limited to an impact role.
The former Chelsea, Barcelona and Tottenham Hotspur forward joined Molde in January 2016 in preparation for the tournament, scoring two goals in 11 appearances.
Gudjohnsen came off the bench against Hungary and almost scored with the final kick of the game, seeing his shot from the edge of the box deflected narrowly wide.
The rest of the Iceland squad
Striker Alfred Finnbogason (€4m) has twice come off the bench so far this tournament, with the Augsburg forward yet to add to his tally of eight goals for the national team. Udinese winger Emil Hallfredsson (€1m) also appeared as a substitute against Hungary, with the former Tottenham Hotspur player offering a counter-attacking threat in the second half of games, while defender Sverrir Ini Ingason (est. €525k) came off the bench late on against Austria.
Yet to feature during the tournament are midfielder Runar Mar Sigurjonsson (est. €75k), young Juventus defender Hordur Magnusson (est. €38k), PSV defensive prospect Hjortur Hermannsson (Free), AIK right-back Haukur Heidar Hauksson (est. €38k) and goalkeepers Ogmundur Kristinsson (Free) and Ingvar Jonsson (Free).
Iceland's total cost vs. England's total cost
The combined cost of the Iceland team that started against Portugal (taken from their last recorded transfer fee) was just €20.3m (£16.4m).
The England XI that started Euro 2016 had a total price of £131.5m... and that was with the quintet of Spurs players totalling just £12m.
Joe Hart (£1.5m), Kyle Walker (£3m), Gary Cahill (£7m) Chris Smalling (£10m), Danny Rose (£0), Eric Dier (£4m), Dele Alli (£5m), Wayne Rooney (£27m), Raheem Sterling (£49m), Harry Kane (£0), Adam Lallana (£25m).