English Premier League heavyweights Manchester City have the most expensive squad in football, according to French research group, CIES Football Observatory.

City spent £215m in the summer transfer window to take the total outlay on their squad to a whopping 853m euros (£775m).

A figure that’s £3 million more than the amount spent by French giants Paris St-Germain, who signed Neymar in the summer for a world record £200 million.

Manchester United, who have spent 784m euros (£712m) on their current squad, are third.

They were top of the table last year, but the value of their squad has only increased by £66m this summer.

The CIES data covers Europe’s big five leagues – the top divisions in England, France, Germany, Italy and Spain.

Premier League teams fill six of the top 10 positions, and have the highest average squad worth of 287m euros (£261m).