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Shanghai SIPG's squad set to be more valuable than half of Premier League!

You may not know much about Shanghai SIPG, but the chances are when Oscar joins them from Chelsea this summer their squad will be worth more than the team you support.

The Chinese Super League club will splash a remarkable £52m on the Brazilian midfielder to tempt him away from Stamford Bridge.

That will see their total squad cost rise to £138m, as he eclipses the fee spent on Hulk, who cost £47m from Zenit St Petersburg, to become the club's record signing.

Chelsea midfielder Oscar is joining Chinese club Shanghai SIPG for a fee of around u00a352million
Chelsea midfielder Oscar is joining Chinese club Shanghai SIPG for a fee of around £52million
Oscar will take the Shanghai squad value up to u00a3138m, more than 11 Premier League clubs
Oscar will take the Shanghai squad value up to £138m, more than 11 Premier League clubs
The Brazilian will join compatriot Hulk, who earns u00a3320,000-a-week at Shanghai SIPG
The Brazilian will join compatriot Hulk, who earns £320,000-a-week at Shanghai SIPG

That makes the Shanghai squad more valuable, in terms of fees paid, than more than half of the Premier League.