Eleven billion pounds. That’s roughly the combined valuation of the 20 Premier League clubs’ squads – though of course, it’s far from an even distribution, with the most valuable squad given a total price tag ten times that of the least valuable.
The numbers are taken from Transfermarkt, and so aren’t especially to be taken as gospel: as you’ll see as we go down, there are a few that will make you wrinkle your nose and go ‘really?’. But as a rough guide, it’s a handy starting point.
With those large bags of salt clutched firmly in hand, let’s dive in and see who ranks where and their most valuable players, starting with the least valuable club and working our way up. Why not try to make a game of it by guessing who’s next? (MVPs exclude any players at the club on loan, but the overall squad values do not.)
20. Luton Town: €125.1m
No surprises in the bottom three, which is made up of…the bottom three. Yeah, sorry, we’ve ruined that game we suggested already. Last season’s play-off winners spent their money rather more advisedly in the summer transfer window but remain in with a shout of retaining their Premier League status going into the final few games. Quite a feat.
A squad destined to fill out the upper reaches of future lists of the very worst Premier League sides of all time, having accumulated a measly 16 points from their 35 games at time of writing.
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Unsurprisingly, then, there’s little in the way of big assets in Chris Wilder’s squad, who will again be tasked with pushing from promotion back from the Championship next season.
What’s worth more, the Fulham squad or the AEW roster?
Despite their placement here, the Cottagers squad is rated considerably more valuable than 18th-ranked Burnley: they’re actually closer to 12th-placing Crystal Palace. But they also have the biggest relative drop-off from their most valuable player to the second-most valuable, with Alex Iwobi rated at nearly half the price of Joao Palhinha.
Very much at the opposite end of the scale to Burnley, Fulham’s squad valuation suffers from their having the oldest average XI in the Premier League this year.
MVPs
1. Joao Palhinha: £47.0m 2. Alex Iwobi: £23.9m 3. Issa Diop: £18.8m
16. Wolverhampton Wanderers: €339m
If we hadn’t done the ‘Scandinavian for value’ joke in reference to Pedro Neto several thousand times already throughout his various transfer links to higher up the Premier League food chain, we’d be trotting it out again now.
Shame we wasted it, because Neto’s valuation makes him the second-most valuable player in the league in terms of the percentage of overall squad he offers (16.2%), just marginally behind only Fulham’s Palhinha (16.3%).
1. Pedro Neto: £47.0m 2. Matheus Cunha: £35.9m 3. Max Kilman: £29.9m
15. Everton: €345.4m
The only one of the Premier League clubs who might actually realistically have to try and pull in the full valuation of the entire squad? The horrible reality is: maybe, yeah.
Amadou Onana and Jarrad Branthwaite have both been linked with Manchester United, among others.
Another relatively young squad with a lot of players just entering their prime years, Bournemouth have the cheapest-valued MVP outside the bottom three, but are fairly well-balanced in their valuations across the squad as a whole. As befits a team sitting tenth in the table, we suppose.
Would be ranked first were it not for a dastardly conspiracy designed to hold them down.
Forest’s expensively assembled squad has underperformed relative to – or, dare we say, because of – their frankly astonishing number of new arrivals since promotion from the Championship: 47 of them, in total. They’re into eight figures just from players who haven’t touched grass for them this season.
MVPs
1. Morgan Gibbs-White: £34.2m 2. Ibrahim Sangare: £27.4m 3=. Taiwo Awoniyi: £23.9m 3=. Danilo: £23.9m
12. Crystal Palace: €404.7m
Almost entirely unexceptional, other than to say that Palace are behind only Chelsea and Liverpool in having such a close valuation between their top two stars. Try reeling that one out at the pub tonight and see how it goes.
MVPs
1. Michael Olise: £42.7m 2. Eberechi Eze: £41.0m 3. Marc Guehi: £32.5m
11. Brentford: €426m
Slightly surprising to see them this high up the list, until you remember they’ve been a Premier League club for three years and counting and were always built on their excellent buy-low-sell-high work in the transfer market.
They have the opportunity to continue to do that, with Ivan Toney the obvious next cab off the rank – though that £100m they were reportedly holding out for is way off, according to this.
Nudging into the top half despite having a relatively old squad, though they are another of those sides whose valuation is being pretty substantially boosted by a handful of players.
West Ham’s top three MVPs account for 37% of their overall valuation, putting them behind only Wolves (39%) on that score.
MVPs
1. Lucas Paqueta: £55.6m 2=. Jarrod Bowen: £42.7m 2=. Mohammed Kudus: £42.7m
9. Brighton & Hove Albion: €505.1m
The Premier League’s great salesmen, the Southampton of the 2020s – it’s not really a surprise to see Brighton up here, just behind the top four and the real big-money boys.
19-year-old Evan Ferguson is the youngest MVP at any Premier League club, already valued over halfway to nine figures.
A big jump up in overall valuations now, thanks in no small part to Newcastle having the highest-valued MVP outside the two sides clubs who top this list.
MVPs
1. Bruno Guimaraes: £72.6m 2. Alexander Isak: £59.8m 3. Anthony Gordon: £42.7m
7. Aston Villa: €646.2m
We suspect a fair few of the Villa squad have significantly increased in value since the start of the season having enjoyed a magnificent campaign under a Unai Emery that looks almost certain to result in Champions League football next season – and the opportunity to add to their squad list with the extra millions that come with it.
Can we shock you? The big six occupy the top six places on the list. Who could have guessed?
It says a lot, doesn’t it, that Manchester United have the oldest MVP out of all 20 clubs in the shape of Bruno Fernandes. Either that or Rasmus Hojlund is grossly undervalued here. Take your pick. Either way: there’s a lot of expensive dead wood bloated up that squad and its valuation.
MVPs
1. Bruno Fernandes: £59.8m 2. Rasmus Hojlund: £55.6m 3. Marcus Rashford: £51.3m
5. Tottenham Hotspur: €777.3m
Tottenham, of course, cashed in on their previous MVP last summer by selling Harry Kane to Bayern Munich, leaving new arrival James Maddison to top the pile, probably largely by virtue of Spurs having actually spent good money on him last year.
The number given here is some 50% higher than Tottenham reportedly paid for Maddison. Did they get him for a steal thanks to Leicester’s relegation or is that about right? His very differing form either side of his mid-season injury makes it hard to say.
Again, a bit of a weird one at the top of the list, but one that’s rooted in reality with Liverpool having actually paid that kind of fee to bring Dominik Szoboszlai in from RB Leipzig last summer.
This list sort of spells out Liverpool’s issues to a greater or lesser extent, with age keeping Virgil van Dijk and Mo Salah away from the very top of the rankings while most of those who do occupy those places still having something to prove at Anfield.
Liverpool are less reliant on one player for their overall valuation (8.1%) than any side except Burnley (7.8%), though. What does that mean? Dunno.
MVPs
1=. Luis Diaz: £64.1m 1=. Dominik Szoboszlai: £64.1m 3=. Trent Alexander-Arnold: £59.8m 3=. Alexis Mac Allister: £59.8m 3=. Darwin Nunez: £59.8m
3. Chelsea: €928.3m
Remember what we said about Manchester United and Nottingham Forest having astonishingly bloated squads full of expensive deadwood? Yeah, well, Chelsea put them both in the shade at the moment.
In fairness, it’s not just down to that: they also have the second-youngest squad in the top flight and a lot of players on long-term contracts, both of which add substantially to Transfermarkt’s calculations.
The proud owners of the joint-highest valued English player in the Premier League (Bukayo Saka alongside Phil Foden) and the next Englishman on the list (Declan Rice).
As with Chelsea, Arsenal’s overall youth does them a lot of favours here.