Arsenal have overtaken Manchester City to become the club with the most valuable squad in the world, according to Transfermarkt.
Arsenal’s squad is now valued at €1.21 billion, while Manchester City’s is valued at €1.19 billion.
This is a significant achievement for Arsenal, who have been rebuilding their squad in recent years.
The Gunners have made some big-money signings in recent months, including Kai Havertz, Declan Rice, and Jurrien Timber.
These signings have helped to improve the overall quality of Arsenal’s squad, and it is now one of the most valuable in the world.
Manchester City are their closest competitors, with a total squad value of €1.19bn, with Paris Saint-Germain the only other member of the billionaires club, amassing €1.03bn.
Real Madrid make fourth-place on the list, raking up €991.00m, with Bayern Munich rounding off the top five.
Following them are Chelsea after spending over £600 million on new recruits since Todd Boehly’s arrival.
Whilst Barcelona, Liverpool, Manchester United and Tottenham make up the top 10, with Tottenham’s squad worth nearly €500m less than their north London rivals Arsenal.
Arsenal’s rise to the top of the squad value rankings is a sign of the club’s progress under Mikel Arteta.
Arteta’s first full season in charge was a difficult one, as Arsenal finished eighth in the Premier League.