FILE PHOTO: Soccer Football - Premier League - Manchester City v Tottenham Hotspur - Etihad Stadium, Manchester, Britain - February 13, 2021 General view of a corner flag before the match Pool via REUTERS/Rui Vieira
(Reuters) - Manchester City continue to boast of the costliest squad among all clubs in Europe's top five leagues, followed by Manchester United, according to a latest study by Switzerland-based independent research group CIES Football Observatory.
The annual study by CIES crunches numbers across Europe's elite teams to calculate the cost of every squad based on transfer fees, including all possible add-ons.
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