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Liverpool squad named 'most valuable in Europe' with Jurgen Klopp's men worth estimated £1.27bn and ahead of Manchester City and Barcelona

Liverpool appear set to reign supreme over the Premier League - and now also top the standings in Europe too, according to the latest research from CIES Football Observatory.

Jurgen Klopp possesses the most valuable squad in the transfer market across the continent's top-five leagues, the organisation states, ahead of fellow Premier League side Manchester City.

The Reds, who are the runaway league leaders and require just two points for their first top-flight title in 30 years, have put together a group worth an aggregated value of £1.27billion.

Liverpool's squad has been named the most valuable in Europe, according to a research group

Having won the Champions League last season, the Anfield outfit have fended off fierce competition from Pep Guardiola's men, as well as Barcelona and Real Madrid, to earn the achievement.