UEFA has released its ninth club-licensing benchmarking report, which reveals the 20 highest wage bills in Europe.
The report, called 'The European Club Footballing Landscape,' highlights that wages are growing at the fastest rate since 2010.
The Premier League is one of Europe's top leagues to dominate the list.
Check out all 20 clubs and how much is being spent on wages below.
- AC Milan: €128m
- Southampton: €131m
- Leicester City: €132m
- Crystal Palace: €133m
- Wolfsburg: €139m
- Roma: €145m
- Tottenham Hotspur: €148m
- Inter Milan: €155m
- Atlético Madrid: €178m
- Borussia Dortmund: €178m
- Arsenal: €234m
- Liverpool: €244m
- Chelsea: €256m
- Juventus: €264m
- Paris Saint-Germain: €272m
- Bayern Munich: €276m
- Manchester United: €306m
- Manchester City: €334m
- Barcelona: €378m
- Real Madrid: €406m
According to UEFA's report, Los Blancos have become the first club to spend more than €400 million (£354m/$456m) on wages.
"Clubs are generating revenue but they are also investing in assets and infrastructure, thanks in a part to UEFA's Financial Fair Play Regulations," says Aleksander Čeferin, the president of UEFA.
"For the first time, club investments in stadiums and other long-term fixed assets exceeded €1bn in 2016.
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"It is therefore perhaps not surprising that an increasing number of national associations and leagues, both inside and outside Europe, are starting to implement their own versions of Financial Fair Play."
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Which club surprises you the most on the list?
Let us know in the comments.
Featured Image Credit: PATopics: Manchester City, Football News, Leicester City, Football, Barcelona, UEFA, Southampton, AC Milan, Real Madrid, Crystal Palace
