Liverpool have been ranked as having the most valuable squad in the transfer market beating out a slew of other European giants.
The latest rankings have come from CIES Football Observatory and they think the runaway Premier League leaders have the most value in their squad.
They manage to edge into first place with a squad worth €1.4 billion, just ahead of rivals Manchester City who's squad is worth €1.3 billion.
Check out the top 20 below.
1.) Liverpool (England) - Value: €1.4 billion
2.) Manchester City (England) - Value: €1.3 billion
3.) Barcelona (Spain) - Value: €1.1 billion
4.) Real Madrid (Spain) - Value: €1.08 billion
5.) Chelsea (England) - Value: €1.07 billion
6.) Manchester United (England) - Value: €1.07 billion
7.) Paris Saint-Germain (France) - Value: €979 million
8.) Atletico Madrid (Spain) - Value: €836 million
9.) Tottenham Hotspur (England) - Value: €787 million
10.) Juventus (Italy) - Value: €783 million
11.) Inter Milan (Italy) - Value: €773 million
12.) Borussia Dortmund (Germany) - Value: €756 million
13.) Bayern Munich (Germany) - Value: €716 million
14.) RB Leipzig (Germany) - Value: €626 million
15.) Arsenal (England) - Value: €624 million
16.) Leicester City (England) - Value: €618 million
17.) Napoli (Italy) - Value: €617 million
18.) Everton (England) - Value: €585 million
19.) Roma (Italy) - Value: €540 million
20.) Lyon (France) - Value: €532 million
The variables used to decide a squad's transfer value involves the player's age, their performances, economic value of the club and inflation.
Paris Saint-Germain's Kylian Mbappe is the player with the highest individual transfer value in the recent report.
The World Cup winner is currently valued at over €251 million which roughly translates to £227.
Frank Lampard's young Chelsea side surprisingly manage to crack the top five despite their inconsistent season.
CIES put the strong increase down to their use of young players this campaign after being hit with a transfer ban by FIFA.
Premier League sides make up half of the top ten with Manchester United and Tottenham Hotspur coming in sixth and ninth respectively.
But it's Liverpool who stand tall and it's a testament to Jurgen Klopp's managerial ability.
Who do you think has the most valuable squad in world football?
