According to Transfermarkt's latest statistics, if they don't win a trophy by the end of the season, Real Madrid's squad in 2025/26 season will be the most expensive squad but winless in trophy across the history. Arsenal, Chelsea and Liverpool from this season are also included, but the Gunners is still chasing their first Premier League title after 22 years.
The Most Valuable Squads to Not Win a Single Trophy(Teams with * can still win a trophy this season):
1. Real Madrid*, 2025/26, €1.34 billion
2. Arsenal*, 2025/26, €1.28 billion
3. Arsenal, 2024/25, €1.23 billion
4. Chelsea*, 2025/26, €1.16 billion
5. Liverpool*, 2025/26, €1.02 billion
6. Chelsea, 2022/23, €1.02 billion
7. Liverpool, 2020/21, € 1.01 billion
8. FC Barcelona, 2019/20, €998 million
9. Bayern Munich, 2023/24, €934 million
10. Chelsea, 2023/24, €932 million