Research group CIES Football Observatory announce Liverpool as the most Valuable squad in Europe among every major League in the World. The European defending Champions top the most valuable club in Europe list.

Jurgen Klopp’s squad is deemed to be worth 1.405bn euros (£1.28bn) in the transfer market, putting the Premier League leaders top of the list ahead of rivals Manchester City, whose squad has a value of 1.361bn euros (£1.24bn).

The Spanish giants Barcelona (£1.07bn) and Real Madrid (£1bn) are third and fourth respectively, with Chelsea (£917m) fifth despite having been banned from signing players in last summer’s transfer window.

The Old Trafford side Manchester United’s squad is the sixth most valuable (£916m), while Tottenham’s is ninth (£716m), despite their recent struggles and despite Jose Mourinho’s insistence that he does not have a strong enough squad to work with.

Arsenal are the next-highest English club in the rankings at 15th (£568m), while the Premier League’s third-placed side Leicester are 16th (£562m).

The German Bundesliga outfit SC Paderborn are bottom of the table, their squad valued at just £34m, while the lowest-ranked English club is Crystal Palace (£173m), just behind Sheffield United, who are flying high in the Premier League table despite having a squad valued at only £174m.

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