|Spurs have the highest value squad in the Premier League|
The CIES (International Center for Sports Studies) has released its own ranking of the Top 10 clubs who, according to their calculations of player value, have the most expensive squads in Europe and thus the world.
Their study takes into account not only the quality of each player, but also their performance, age and contract length. Two players of equal ability have different transfer values based on the length of their contract, when a contract is running down he loses value. Tottenham have signed most of the squad to long-term contracts and thus their transfer values are at maximum. That gives us a greater asset value, which helps borrowings.
Barcelona tops the list (€1.071 billion). It helps having the world's highest valued player, Neymar (€246.8 million), quite apart from Messi at €175m. Real Madrid are valued second highest with a squad value of €922 million and surprisingly in third is Tottenham Hotspur with a squad value of €799 million.
Classification of CIES according to their market value (in millions of euros):
1. Barcelona - 1,071
2. Real Madrid - 922
3. Tottenham Hotspur - 799
4. Manchester United - 700
5. Atletico de Madrid - 696
6. Chelsea - 682
7. Arsenal - 660
8. Manchester City - 655
9. Liverpool - 593
10. Juventus - 567