Newcastle United feature in a new study of the clubs in Europe that have the highest squad value.
The CIES Football Observatory have produced the table, showing which of the clubs in the big five European leagues [France, Italy, England, Spain and Germany] are up there.
No surprise to see Manchester City at the very top, with the average transfer value of a first team squad player being €62.9m [approx £55m).
The average transfer value has been calculated using the exclusive CIES Football Observatory algorithm which uses various factors such as performance, contract duration and youthfulness.
Seven of the Man City players had an estimated transfer value of more than €100m (£88m): Kevin de Bruyne, Leroy Sane, Raheem Sterling, Gabriel Jesus, Ederson Moraes, Bernardo Silva and Sergio Aguero.
The level of money Premier League clubs spend, is represented by the fact that five of the seven clubs in terms of top valued squads, are English. Interestingly, only Barcelona and Atletico Madrid break up that top seven, with Real Madrid actually only ninth highest.
As you can see, Newcastle are in joint 36th place, with 11 other English clubs rated a higher valuation.
Maybe a surprise to see Newcastle United so high up this table with an average player transfer valuation of €8.7m (approx £7.7m).
The average age (26.5 years) and length of time left on contract (2.6 years), no doubt played a part in pushing NUFC higher up than they otherwise might have been.
The lowest ranked Premier League team, West Brom, is 55th out of 98. This also reflects the economic dominance of the English top division.
The fact the average age of their players is 29.3 years dragging them even further down and an average contract duration remaining of only 1.64 years.
Reality for Newcastle though is that Bournemouth have a higher placing, whilst the likes of Leicester and Everton have a squad with an average valuation almost twice that of Newcastle’s.