Manchester City have the most expensive squad in football, according to research group CIES Football Observatory.
These are the clubs with most expensive squad
Manchester City lead the list of clubs with the most expensive squad in world football
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City spent £215m in the summer transfer market to take the total outlay on their squad to 853m euros (£775m).
That is £3m more than the amount spent by Paris St-Germain, who signed Neymar in the summer for a world record £200m.
Manchester United, who have spent 784m euros (£712m) on their current squad, are third.
They were top of the table last year, but the value of their squad has only increased by £66m this summer.
The CIES data covers Europe's big five leagues - the top divisions in England, France, Germany, Italy and Spain.
Premier League teams fill six of the top 10 positions and have the highest average squad worth of 287m euros (£261m).
Costliest squads
Club Country Cost (euros)
All figures from CIES Football Observatory
Manchester City England 853
Paris St-Germain France 850
Manchester United England 784
Chelsea England 644
Barcelona Spain 628
Real Madrid Spain 497
Juventus Italy 470
Liverpool England 437
Arsenal England 416
Tottenham England 361
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