The 30 Most Expensive Squads in World Soccer—Ranked
September 19, 2025

Chelsea have constructed the most expensive squad of players in the entire world, a new report has revealed.

The Blues, with a cost of €1.314 billion, are one of five teams to have broken the €1 billion (£870 million, $1.18 billion) mark, per CIES Football Observatory, with the other four coming from the Premier League. Manchester City sit narrowly behind Chelsea, with Manchester United occupying third in the rankings with a squad cost of €1.071 billion.

Despite overseeing the most expensive transfer window in history this past year, Liverpool only boast the fourth-most expensive squad in the game at €1.065 billion, ahead of Arsenal’s €1.001 billion spend.

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Dropping below the €1 billion threshold, yet another English side crops up first. Tottenham Hotspur have racked up a squad cost of €974 million, well clear of Paris Saint-Germain (€873 million) in seventh.

Real Madrid and Newcastle United are both marginally behind, but there is a drop of almost €250 million down to Atlético Madrid in 10th.

Jude Bellingham

Real Madrid spent big to sign Jude Bellingham. / Richard Sellers/Sportsphoto/Allstar via Getty Images

Rank

Team

Total Transfer Cost

1.

Chelsea

€1.314 billion

2.

Man City

€1.128 billion

3.

Man Utd

€1.071 billion

4.

Liverpool

€1.065 billion

5.

Arsenal

€1.001 billion

6.

Tottenham

€974 million

7.

PSG

€873 million

8.

Real Madrid

€854 million

9.

Newcastle

€816 million

10.

Atlético Madrid

€572 million

11.

Nottingham Forest

€508 million

12.

Juventus

€503 million

13.

Bayern Munich

€496 million

14.

West Ham

€494 million

15.

Barcelona

€463 million

16.

Napoli

€456 million

17.

Al Hilal

€451 million

18.

RB Leipzig

€434 million

19.

Aston Villa

€427 million

20.

Brentford

€418 million

21.

Borussia Dortmund

€415 million

22.

Brighton

€412 million

23.

Bournemouth

€408 million

24.

AC Milan

€408 million

25.

Everton

€396 million

26.

Bayer Leverkusen

€395 million

27.

Wolves

€377 million

28.

Atalanta

€349 million

29.

Crystal Palace

€337 million

30.

Fulham

€322 million

Los Blancos boast a total spend of €854 million, close to double that of Barcelona, who sit down in 15th at €463 million.

Saudi Arabian side Al Hilal, who added big names like Darwin Núñez and Theo Hernández to a squad which already included Rúben Neves, Malcom and Sergej Milinković-Savić, are the only non-European side in the top 30.

Of the 30 richest squads, no fewer than 17 come from the Premier League. Indeed, only the newly promoted trio of Sunderland, Leeds United and Burnley do not make the cut.

There are three Spanish sides in the top 30 and four from both Germany and Italy, while France and Saudi Arabia each boast one representative.

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Source: https://www.si.com/soccer/30-most-expensive-squads-world-soccer-ranked-2025

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