Football

Man City are the first €1 billion team, says a study

When it comes to splurging on getting the best into the squad, Manchester City is ahead of the rest spending more than €1 billion during the transfer window, a study shows. According to data from the Swiss-based CIES Football Observatory, the Premier League champions club spent €1.014 billion to form Pep Guardiola’s team for this season.

Closely following them are the French champions PSG with a spend of €913 million, while Spain’s Real Madrid stand third spending €902 million in assembling their unit.

The report noted that the Premier League average was €345m while La Liga and Serie A both averaged €167m. It unearthed that the average amount spent in the Bundesliga was €124m while Ligue 1 averaged at the lowest spending €118m.

List of 10 clubs who spent the most on the current squad:

1. Manchester City (€1.014bn)
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)

Image courtesy: Sky Sports

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