(Reuters) - Premier League champions Manchester City are the first team to have spent more than 1 billion euros (894.98 million pounds) to assemble their squad, a study has shown.
Data from the Swiss-based CIES Football Observatory showed that City have spent 1.014 billion euros on their current squad. French champions Paris St-Germain were second having spent 913 million euros and Spain's Real Madrid were third with 902 million euros.
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