The 470th CIES Football Observatory Weekly Post presents the 100 teams in the world having committed the most money in transfer fees to recruit their current squad members (both permanently or on loan). Chelsea tops the list with €1.28 billion including add-ons (regardless of their actual payment) and €1.15 billion without them. These are the highest values ever recorded.

Manchester City and Manchester United complete the podium, with amounts including add-ons also in excess of €1 billion. Sixth with €772 million, PSG is the only non-English team in the top seven. The French outfit ranks just behind Arsenal (€798 m) and Tottenham (€787m), while outranking Liverpool (€735m). Real Madrid (€720m) and Juventus (€626m) are the only other non-Premier League clubs in the top 10.

Al-Hilal (€485m, 13th) are first among non-big 5 league teams, ahead of three other Saudi Arabia's clubs: Al-Nassr (€270m), Al-Ittihad (€226m) and Al-Ahli (€224m). Flamengo (€208m) clearly outranks Botafogo (€85m) and Palmeiras (€77m) for South America. In total, 19 countries are represented in the top 100, with a maximum of 24 clubs for England (the 20 Premier League sides and four teams from the Championship).