Of the teams participating in the UEFA Champions League for the current season 2023-2024, the market value of three teams has exceeded the one billion euros mark, while representatives of the five major leagues are in the top 15.

Manchester City – the defending champion of the last edition – came at the top of the list revealed by the Spanish newspaper "Marca" based on data and statistics of the famous global site "Transfer Market", with a market value of 1.18 billion euros.

In addition to City, his compatriot Arsenal is second among the teams worth more than one billion euros, and the third is Paris Saint-Germain, the French league champions in the last edition of the domestic championship.

💵 El top 20 de las plantillas más valiosas de la #ChampionsLeague:

🇪🇸 Ningún equipo español en el podio

⭐ ¿Cuáles son las plantillas más valiosas?👇https://t.co/z0En4fh36A

— MARCA (@marca) September 21, 2023

Arsenal's market value increased after his summer signings, especially after the signing of Declan Rice from West Ham United for 116.5 million euros, as well as the Parisian team, which signed several deals, including Randall Kolo Moani for 90 million euros, and Ousmane Dembele for 50 million euros.

Spanish football has a presence through Real Madrid and Barcelona in fourth and seventh place respectively, knowing that the former made one of the biggest signings in its history in the recent transfer market with the signing of Englishman Jude Bellingham from Borussia Dortmund for 103 million euros.

In contrast, most of Barcelona's deals were either free, as happened with Ilkay Gundogan and Iñigo Martinez, or on loan such as Joao Felix and Joao Cancelo, with the only exception being the signing of Oriol Romero from Girona for €3.5 million.

Here are the top 20 clubs by market capitalization among the 32 teams participating in the 2023-2024 Champions League season:

1. Manchester City €1.18 billion

2. Arsenal €1.09 billion

3. Paris Saint-Germain €1.03 billion

4. Real Madrid €991m

5. Bayern Munich €897.5m

6. Manchester United: €882.3m

7. Barcelona: €814.3m

8. Newcastle United: €598m

9. Napoli: €578m

10. Milan: €529.1m

11. Inter Milan: €523.1m

12. Borussia Dortmund: €467m

13. Atletico Madrid: €442m

14. Leipzig: €403.1m

15. Real Sociedad: €398m

16. Benfica: €344.5m

17. Porto: €282.5m

18. Lazio: €249m

19. Galatasaray: €240m

20. Sevilla: €210m