The research values Pep Guardiola’s squad at €878m ($1.08 billion), with Paris Saint-Germain second on €805m, after a January transfer window in which City acquired centre-back Aymeric Laporte from Athletic Bilbao for €65m.
Neymar’s world-record signing from Barcelona accounts for more than a quarter of the PSG total but Kylian Mbappe is only on loan, despite an anticipated transfer fee of up to €180m to be paid to Monaco at the end of the season.
That leaves Guardiola managing the costliest-ever collection of talent.
“When you want to compete at the highest level, you need to spend,” Guardiola said last month.
“Some clubs spend £300, £400 million on two players. We spend it on six players.”
Two other teams have spent more than €700m building their squads — Manchester United (€747m) and Barcelona (€725m).
The rest of the top ten is made up of Real Madrid in sixth, Juventus in eighth and four Premier League teams — Chelsea, Liverpool, Arsenal and Everton.
The researchers calculated that the average Premier League squad cost “a record high” of €291m, more than double La Liga’s average of €131m. (AFP)