Liverpool and Bayern at the top - The best teams on the transfer market

Premier League side Liverpool and Bundesliga side Bayern Munich are the most efficient teams on the transfer market, according to the Transfermarkt database today. Manchester City and Ligue 1 champions Paris Saint-Germain, in the meantime, are the two clubs that have spent the most to put together their current squads. 

Market Value €647.98m Manchester United squad at a glance Click here Manchester City have spent €945.55 million to put together a squad that is worth €1.02 billion, the most valuable on the planet. PSG spent €832.90 million to put together their squad that includes superstars like Neymar and Kylian Mbappé. The top three of the biggest spenders are completed by LaLiga side Real Madrid—Los Blancos have spent €738 million to put together a squad that is now worth €888.5 million. 

Among the big spenders is also Manchester United. The Red Devils are the most inefficient team among Europe's top ten biggest spending clubs. The club spent €705.93 million to put together a team that on the current market is worth €647.98 million, a deficit of €57.96 million.

Liverpool at the top - Three Bundesliga sides in the top five

When it comes to spending wisely, Liverpool have been the most efficient club. The Reds spent just €553.25 million to put together a team that is now worth €979.45 million. That is a difference of €426.20 million. Jürgen Klopp may, however, have taken a leaf out of Bayern Munich's transfer strategy book.

The German Rekordmeister like no other club on the planet has exploited transfer efficiencies and has become the master of snapping up talent on the cheap. Whether that is from Bundesliga competitors, Robert Lewandowski and Leon Goretzka, for example, joined for free, or finding overlooked talent abroad, Alphonso Davies and Serge Gnabry come to mind, both have multiplied their market value significantly since joining the Rekordmeister. 

Bayern spent just €356.5 million to put together a team that is now worth €757.38 million. That is a difference of €400.88 million in terms of spending and current value. Other Bundesliga sides are, however, catching on in an attempt to close the gap to the most dominant club in German football. Third-placed RB Leipzig have spent just €174.88 million to put together a squad that is now worth €522.58 million. Borussia Dortmund are fifth. The Black and Yellows spent €278.94 million to put together a squad that is currently worth €586.23 million. 

The top five is rounded up by Tottenham Hotspur. Although Spurs are having a season to forget, overall, the squad was wisely put together. The North London side spent €397.65 million to put together a team worth €714.40 million. 

Chelsea in top ten - Ajax 10th

Overall the top ten reads as a who's who of the best-operated clubs on the planet—three clubs from the Premier League are on the top 10 list. Aside from Liverpool and Tottenham, Chelsea are in the top ten. The Blues have operated smartly on the market, creating enough room to sign the likes of Hakim Ziyech and Timo Werner for next season. Werner, in fact, was signed in a deal that will bring him to London below his market value. 

Two LaLiga sides, Atlético Madrid and Real Sociedad, also are on the top 10 list. There is only one team from Italy's Serie A—Inter Milan—and in Ajax Amsterdam, only one club not playing in one of Europe's top four leagues makes the list of the ten most effective clubs on the transfer market. 

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