Spending has gone through the roof over the past few decades, and the Premier League specifically is at the forefront when it comes to high transfer fees.

That dominance in the transfer market is summed up by the fact that European giants Real Madrid, Barcelona, Bayern Munich, Paris Saint-Germain and others don’t even get a look in for this top 5.

All five English clubs on this list have first-team squads that are valued above the €1bn mark.

Press the next page as we count down the top 5 “costliest” teams in the world (based on data from the CIES Football Observatory).