Transfermarkt website has compiled an updated ranking of the most expensive squads of the world's football clubs. The current winner of the Champions League and Club World Cup Manchester City leads the ranking.
The value of the Citizens is estimated at €1.29 billion.
Arsenal (London) took second place in the ranking, the cost of the squad is €1.11 billion. Real Madrid rounded out the top three with the squad worth €1.04 billion.
The top ten most expensive club squads also include PSG (1.04 billion), Chelsea (984 million), Bayern (932 million), Liverpool (867 million), Barcelona (818 million), Manchester United (795 million) and Tottenham (755 million).
Earlier, Manchester City head coach Josep Guardiola called 2023 an amazing year for his team.