Football at present is awash with money, which comes as no surprise considering that it is the most popular sport in the world. The popularity has led to leagues around the world earning staggering amounts of money due to sponsorships and revenues from television broadcast.
A number of European clubs have benefitted from the above and here, we take a look at the five most valuable squads in the world.
Squad values courtesy of Transfermarkt.
1. Manchester City - €1.04bn
It comes as no surprise that Manchester City tops the list, considering that they have spent vast amounts of money to assemble arguably the strongest squad in the world.
The strength in depth that City have is unbeatable, with Pep Guardiola able to call upon different players for different situations.
2. Paris Saint-Germain - €997m
When a team has Lionel Messi, Neymar and Kylian Mbappe in their side, then there is no doubt that their squad will be one of the most valuable ones in world football.
Paris Saint-Germain have all some of the biggest players in the world and their season will be considered a failure if they are not able to win the Champions League this season.
3. Manchester United - €937m
The arrival of Cristiano Ronaldo, Jadon Sancho and Raphael Varane has created intense excitement among the Manchester United fans, with the club emerging as definite title contenders this season.
The Red Devils are the second most valuable club in the Premier League in terms of value, and it will be interesting to see whether they manage to win a trophy or two this season.
4. Chelsea - €882m
Chelsea have established himself as one of the most successful clubs in Europe over the past two decades, with the Blues having one of the best squads in the world.
The current Champions League holders are tipped by many to sweep all trophies this season, which could very well happen if Thomas Tuchel's men play to their full potential.
5. Liverpool - €880m
Liverpool have enjoyed a resurgence under Jurgen Klopp, as seen by the Premier League and Champions League honours they have won under the German in the recent past.
Despite their high squad value, the Reds do not have strength in depth which might hurt their chances of silverware this season.