Manchester United's squad for the 2022-23 season was the most expensive ever assembled in Europe, according to a report released by governing body UEFA.
The "European Club Finance and Investment Landscape" report said United spent just over 1.42bn euros ($1.52bn) on the squad which played that season, surpassing the previous mark of 1.33bn euros spent by Real Madrid's in 2020.
Erik ten Hag's squad at the end of the 2022-23 season included big-money transfers Antony, Harry Maguire, Jadon Sancho and Casemiro.
United's rivals Manchester City were second for that season with a squad value of 1.286bn euros.
The report, released Wednesday, added that Real (841m euros), City (836m euros), Barcelona (815m euros) and Paris Saint Germain (807m euros) had the highest revenues in 2022.
The Premier League had nine teams in the top-20 earning clubs, with an average revenue of 323m euros.
Spain's LaLiga was second with revenues of 3.3bn euros, with Germany's Bundesliga (3.2bn euros), Italy's Serie A (2.4bn euros) and France's Ligue 1 (2bn euros) rounding out the top five.
"In 2022, the revenue of England's 20 top-tier clubs was almost as high as the combined revenue of all 642 clubs in the bottom 50 countries," the report said.
English clubs also made up 764m euros of the combined 3.2bn euros of pre-tax losses recorded by clubs in 2022.
UEFA said the figures for pre-tax losses were positive "amid slowing wage inflation and renewed buoyancy in the transfer market".
