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.
Manchester United have the second-most expensive squad in the Premier League followed by Champions League winners Liverpool .At the other end of the scale, Germany's Paderborn had the cheapest squad in the study , which looked at teams from the English, German, Italian, French and Spanish top flights.
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