Billion $ Manchester City creates history for player transfer spent

Billion $ Manchester City creates history for player transfer spent -

Manchester City has created a history for highest ever spent on player transfers to complete its squad. The Premier League club, according to a CIES report, has the most expensive squad ever in the history of the sport.

The CIES reports have valued Manchester City at $1.08 billion (€878 M). Paris St Germain, in spite of a record $263 million (€222 M), world record transfer deal for Neymar, is relegated to the second place by Manchester City. PSG is valued at $991 million (€805 M), ahead of Manchester United at $920 million (€747 M) and Barcelona at $893 million (€725 M).

The valuations are recorded after the closure of the January transfer windows and include Manchester City $81 million (€ 65M) acquisition of centre-back Aymeric Laporte from Atletico Bilbao.

The CIES Football Observatory Weekly Post has presented the data for all big-5 league teams in its issue number 214.

Football Player transfer spends by top 10 football clubs - InsideSport

The average amounts invested in transfer fees by league and teams vary between $119.5 million (€97M) for the French Ligue 1 to a record high of $ 358.5 million (€291) M at English Premier League level.

The figures in the three other competitions of the big-5 are relatively balanced at $ 139 million (€113 M) for the German Bundesliga, $ 153 million (€124 M) for the Italian Serie A and $ $ 161 million (€131 M) for the Spanish Liga.

Out of the total 98 clubs, 42 have spent over $ 123 million (€100 M+) on account of their staff recruitment while the bottom placed Troyes (France) has the total player valuation of a mere $ 2.46 million (€2 M).