Liverpool have the most valuable squad in Europe with €1.4bn, according to the CIES Football Observatory.
The analysis takes into account the 20 players per club with the highest values as per the algorithm exclusively developed by the CIES Football Observatory research team.
With an aggregated value of €1.4 billion, Liverpool heads the table. Jürgen Klopp’s team outranks Manchester City, the two Spanish giants (Barcelona and Real Madrid) and Chelsea.
The study uses more than 2,000 transfers that have happened in the game as well as taking into account elements including the age, position and contract of a player and the club and league that they are in to calculate the estimated value.
CIES aggregated transfer value by club (€million)
1) Liverpool - 1405
2) City - 1361
3) Barcelona - 1170
4) Real Madrid - 1100
5) Chelsea - 1008
6) United - 1007
7) PSG - 979
8) Atletico - 836
9) Tottenham - 787
10) Juventus - 783
11) Inter - 773
12) Dortmund - 756
13) Bayern - 716
14) RB Leipzig - 626
15) Arsenal - 624
16) Leicester - 618
17) Napoli - 617
18) Everton - 585
19) Roma - 540
20) Lyon - 532