After a hectic summer transfer window, in which £3.5bn was spent in the Premier League, several clubs have boosted the overall value of their squads.
While high squad value doesn't always guarantee success, there is often a correlation between teams with the highest squad values and their league table positions at the end of the season
Here, FootballWhispers provides squad values for all Premier League teams, as well as each club's average value by squad size.
Want to know who the most expensive players in the division are? Check out the Premier League most valuable XI.
Arsenal top the charts as Chelsea lose value
As the champions and the current favourites to win the Premier League this season, it isn't a huge surprise that Arsenal have the highest squad value at €1.44bn.
The Gunners added Bruno Guimaraes as their marquee signing this summer, while the likes of Gabriel, Declan Rice and William Saliba have all seen their values rise over the past 12 months.
Man City are in second place after a summer rebuild at the Etihad Stadium, while Chelsea have lost value due to the deadline-day sale of Enzo Fernandez.
Liverpool and Manchester United rank fourth and fifth, respectively, with both clubs looking to close the gap on Arsenal and Man City this season.
Newcastle remain in the top half despite fire sale
Newcastle made more than £200m in sales this window after Anthony Gordon, Bruno Guimaraes and Sandro Tonali all left for new challenges elsewhere. The Magpies spent £280m to try and replace the trio, leaving them with the seventh-highest squad value in the Premier League.
Meanwhile, Spurs have risen up to sixth in squad value stakes after a busy summer of incomings at the Tottenham Hotspur Stadium. Spurs had the second-highest net spend in the division at £173m, with the club looking to bounce back from a dismal 2025/26 season.
Brighton, Brentford and Bournemouth rank 8th-10th, illustrating just how well these clubs are run given their small outlay compared to the likes of Spurs and Newcastle.
Aston Villa drop into the bottom half after losing key players
Aston Villa are a Champions League club again this season, but they only have the 13th-highest squad value in the division after a summer of significant outgoings at Villa Park.
Ollie Watkins, Youri Tielemans, Emi Martinez, Ezri Konsa and Morgan Rogers have all departed, leaving a huge dent in the squad.
In and around Villa are Crystal Palace and Nottingham Forest. There are concerns about the former's strength in depth this season, and it was imperative that they held onto their highest-valued player, Adam Wharton, who is valued at €70m.
Just below them, in 14th and 15th, are Everton and Leeds. The Toffees have had a mixed summer, losing Iliman Ndiaye but bringing in Jack Grealish for another loan spell. Leeds have had a good summer, with James Trafford and Harry Wilson significantly boosting their squad value.
Hull City prop up the table as Fulham drop into the bottom four
Hull City have enjoyed an excellent start to the season, but they still have the lowest squad value in the Premier League.
Unsurprisingly, the other two newly promoted teams also feature in the bottom three, while Fulham have slipped down to 17th after losing their star player from last season, Harry Wilson.
Sunderland are ranked 16th, suggesting they could slip down the league table this season following a fairytale return to the top flight last season.