Liverpool have the sixth most valuable squad in European football, according to new research.
Analysts at the CIES Football Observatory, the independent Swiss-based research and education organisation that uses a variety of metrics and analytics to assess transfer values, have compiled a list of squad values across the 'big five' leagues across the continent.
The Premier League, Spain's La Liga, Italy's Serie A, France's Ligue 1 and Germany's Bundesliga all feature in the new report, with the valuations of squads placing Liverpool at sixth on the overall list with a squad value in the current market of £742m.
That figure places them fourth in the Premier League list, with Chelsea in third (£808.6m), Manchester United (£1.04bn) and Manchester City (£1.09bn).
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Only Bayern Munich (£760.8) and, despite losing Lionel Messi, Barcelona (£765.9m) are above the Reds in the overall European table, with Liverpool's squad worth some £18.9m more than Real Madrid in seventh and, despite having Messi, Neymar Jnr and Kylian Mbappe in their ranks, £51.4m more than free-spending Paris Saint-Germain in eighth.
The values, collated up to October 1, include the extra value added to the likes of Virgil van Dijk, Trent Alexander-Arnold, Fabinho, Alisson Becker and Andrew Robertson owing to their new deals, while any potential deal for Mohamed Salah would see his value in the market increase significantly too.
The figures showed a sizeable gap that exists within the values of the Premier League's biggest four teams and the rest.
Tottenham Hotspur had the fifth highest squad valuation according to the report but at £485.5m their squad, which includes the likes of Harry Kane and Son Heung-min, is valued £256.5m less than Liverpool's with Arsenal's (£481.2m) is worth £260.8m less than Jurgen Klopp's Reds.
The significant values of Liverpool's squad has arisen from relatively low transfer net spend, with the values of players such as Salah, Sadio Mane and Robertson rising enormously from what was paid, while Alexander-Arnold's rise from the Academy to first team in recent seasons sees his value at more than £100m in the current market, according to CIES.
Since 2012, and according to a CIES report published last month, Liverpool, owned by Fenway Sports Group since 2010, have spent £910m on transfers, excluding add-ons, a figure that puts them behind Manchester United (£1.32bn), Chelsea (£1.39bn) and Manchester City (£1.44bn).
During that period Liverpool have lifted the Premier League and Champions League, Manchester City have lifted three Premier League titles, Chelsea have won two Premier League titles and a Champions League, while Manchester United have won one Premier League title in 2013.
