REVEALED: Europe's most valuable squads with the Premier League leading the way

The most valuable squads in European football have been revealed with two Premier League clubs ranking inside the top ten teams.

Sides playing in Europe's top divisions are able to lure some of the best players with big pay checks, high-class training facilities and of course the hope of playing in the coveted Champions League.

According to Deloitte, gross transfer spend has increased in Europe's 'top five' leagues, with spending rising by £943million (€1.1billion) in the last year.

Premier League clubs are perhaps some of the biggest spenders, with teams in the top-flight having, for the first time ever, crossing the £2bn mark for transfers in last summer's transfer window, surpassing the previous record of £1.92bn in 2022.

Despite that, only two Premier League clubs are included in the rankings of the top ten teams with the most valuable squads in Europe.

According to figures from Football Benchmark, Manchester City lead the way with the highest squad market value as of January 1, 2024, boasting a nine per cent increase in their team's value.

And they've trumped some big teams to climb to the top of the rankings, including Paris Saint-Germain and Real Madrid, who placed second and third respectively.

While City have amassed a valuation of £1,213m (€1,414m), PSG's squad is rated at £988m (€1,152m) while Madrid's is also priced at £998m (€1,152m).

Pep Guaridiola's treble winners are crammed full of talents, from the likes of star man Erling Haaland to younger talent Phil Foden.

Equally, they've strengthened their squad over the summer with Josko Gvardiol, Jeremy Doku, Matheus Nunes and Mateo Kovacic all signing for the Premier League champions - for a total price of around £211m.

Next in the rankings comes Bayern Munich and Barcelona, who have both actually decreased in squad value this year.

The German outfit have dropped by two per cent of their value, despite having signed star-striker Harry Kane in the summer.

Manchester United, meanwhile, have narrowly missed out on finishing inside the top five, placing sixth in the standings, boasting a squad value of £828m (€828m).

Interestingly it comes as United's profits have also dropped in the last season, according to Football Benchmark.

That comes even after Erik ten Hag spent approximately £179m on Mason Mount, Andre Onana and Rasmus Hojlund in the summer window.

All of Napoli, Borussia Dortmund and Juventus follow behind them, with Portuguese Benfica boasting an 11 per cent rise in their squad value to finish 10th in the table.

Juventus have interestingly seen a drop in their squad value of 11 per cent, which could perhaps be down to the departures of Dejan Kulusevski and Radu Dragusin, who are both now plying their trade at Tottenham.

Dutch clubs Feyenoord and Ajax make up the bottom five clubs on the list, with the Eredivisie champions boasting a 57 per cent increase in squad value.

Meanwhile Ajax, who have just signed Jordan Henderson, have surprisingly seen the biggest drop off in squad value in the last year, with their squad price dropping by £84m (€99m) in value.

Galatasaray are the club who have seen the highest increase, boasting a whopping 85 per cent change in squad valuation seeing their squad value increase by £89m (€104).

At the bottom of the rankings come Lyon and Fenerbahce, who, like their Super Lig rivals, Galatasaray, have also seen an increase in squad valuation of 27 per cent.