Squad building is one of the key pillars in creating a successful football team.
While finding the right manager is equally important, recruiting the right players at the right time builds the foundations required to win titles.
Some clubs are much better at doing it than others. You can invest huge amounts of money and end up with a squad that has very little value. In contrast, others are able to extract maximum value from signings that cost a lot less.
Press the next page as we look at the 10 most valuable first-team squads in the world (based on figures from the CIES Football Observatory).