Manchester City has officially become the first football club to spend more than €1 billion EUR to gather the players for its squad.
According to recent research conducted by Swiss-based data company CIES Football Observatory, Pep Guardiola‘s club spent precisely €1.014 billion EUR. The study compiles a list of the highest-spending teams in football, with Manchester City at the very top, followed by Paris Saint-Germain (€913M) in second place and Real Madrid (€902M) in third. When narrowing the sample to just the English Premier League, Manchester United came in second with €751M, while Liverpool trailed in closely with €639M. A previous report from Deloitte highlighted that European clubs in the “big five” leagues tallied up over a staggering amount of €5B for just the summer transfer period, another record spend for football that seems to be showing an upward trend over time.
Scroll below for a look at the list of the ten most expensive clubs in football from data covering the English, German, Italian, French and Spanish leagues.
Highest Spending Football Clubs:
1. Manchester City (€1.014B)
2. Paris Saint-Germain (€913M)
3. Real Madrid (€902M)
4. Manchester United (€751M)
5. Juventus (€719M)
6. Barcelona (€697M)
7. Liverpool (€639M)
8. Chelsea (€561M)
9. Atletico Madrid (€550M)
10. Arsenal (€498M)
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