The CIES Football Observatory research group has revealed which football clubs have the most expensive squads.
After a busy summer transfer window in England, seven Premier League clubs have made the top 15.
Do you think there are any surprises in the list?
1 / 15
1. MANCHESTER UNITED - €718
2 / 15
2, REAL MADRID - €634
3 / 15
3. MANCHESTER CITY - €611
4 / 15
4. BARCELONA - €485
5 / 15
5. CHELSEA - €481
6 / 15
6. PSG - €455
7 / 15
7. JUVENTUS - €395
8 / 15
8. ARSENAL - €381
9 / 15
9. BAYERN MUNICH - €357
10 / 15
10. LIVERPOOL - €356
11 / 15
11. INTER MILAN - €295
12 / 15
12. TOTTENHAM HOTSPUR - €274
13 / 15
13. BORUSSIA DORTMUND - €237
14 / 15
14. EVERTON - €212
15 / 15
15. AS MONACO - €202
