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That is according to the latest report from the CIES Football Observatory, which has this week used data to estimate the overall squad transfer values of the 98 clubs that make up European football’s top-five leagues (Premier League, Spain’s LaLiga, Germany’s Bundesliga, Italy’s Serie A and France’s Ligue 1).
CIES puts the combined value of Chelsea’s current players at €946million (£807.7m) if they were all to be put up for sale, behind only two of their domestic title rivals.
The Blues - who sit one point clear at the top of the English top-flight heading into the second international break of the season following Saturday’s 3-1 win over Southampton that halted a run of successive losses - shattered their transfer record in the previous window to secure the £97.5m return of striker Romelu Lukaku from Inter Milan, but also raised funds after selling players such as Tammy Abraham, Kurt Zouma and Fikayo Tomori.
Star-studded champions Manchester City unsurprisingly topped the chart with an estimated squad value of €1.28bn following a summer in which they broke the British transfer record to sign Jack Grealish from Aston Villa for £100m but missed out on an even more lucrative deal for England captain Harry Kane, with cross-city rivals United not far behind at €1.21bn following the return of Cristiano Ronaldo and the arrivals of the likes of Jadon Sancho and Raphael Varane.
Completing the top five are crisis-stricken Barcelona and reigning Bundesliga champions Bayern Munich, whose squads are said to be valued at €896m and €890m respectively.
Liverpool only clock in sixth in the study at €868m, ahead of Real Madrid, Paris Saint-Germain, Borussia Dortmund and Atletico Madrid.
Tottenham (€568m) are ranked narrowly ahead of Arsenal (€563m), with the north London clubs placing 13th and 14th respectively, behind Juventus and RB Leipzig but ahead of Bayer Leverkusen, Leicester City, both Milan clubs, Sevilla, AS Roma and Napoli.
CIES’ latest study estimates that the combined value of every player in the Premier League is €8.9bn.
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