Who has the most valuable squad in the world?

10. Juventus - €743m

The Serie A champions are tenth on the list and, unsurprisingly, their most valuable player is Paulo Dybala at €166m.

9. Atletico Madrid - €800m

Diego Simeone's side are in ninth place, with Antoine Griezmann (€147m) as their most valuable player.

8. Paris Saint-Germain - €864m

The French big-spenders are only in eighth place, according to CIES. They do, however, have the most valuable player in the world in Neymar (€218m), and he is valued at almost one quarter of the entire squad of the Ligue 1 outfit.

7. Liverpool - €901m

The Reds are seventh and their most valuable player is Mohamed Salah (€101m), who is deemed to be worth more than his team-mate and Barcelona target Philippe Coutinho.

6. Real Madrid - €903m

This one is very surprising. The current European and Spanish champions aren't even in the top 5, and according to CIES, their talisman Cristiano Ronaldo is worth just €96m.

5. Manchester United - €919m

The Red Devils just make the top 5 and their most valuable player isn't their record signing Paul Pogba, but their star striker Romelu Lukaku (€165m).

4. Chelsea - €1.044bn

The Premier League champions are worth over €1billion and their most valuable player is Belgian star winger Eden Hazard (€121m).

3. Barcelona - €1.130bn

Whilst it isn't as urprise to see the Catalan giants near the top of the list, one surprise is that Luis Suarez is their most valuable player at €134m, whilst Messi is worth just €117m.

2. Tottenham Hotspur - €1.173bn

According to CIES, Tottenham are more valuable than Barcelona and Real Madrid. They also have the most valuable player in the Premier Leauge in Harry Kane (€186m), while Dele Alli is hot on his heels (€182m).

1. Manchester City - €1.196bn

So the current Premier League leaders have the most valuable squad in Europe. Their most valuable player is Kevin De Bruyne (€145m) after his superb start to the season, but Leroy Sane, Raheem Sterling and Gabriel Jesus are all valued at over €100m.