If Manchester City sold all of its current players in the senior squad, they would earn as much as 1,280,000,000 euros which makes them No.1 in the world at the moment, the International Centre for Sports Studies (CIES) published on Monday.According to CIES Football Observatory, City and their town rival Manchester United are at the top of those with the highest estimated squad value among Europe’s Big-5 leagues.(©Screenshot/CIES)The Manchester teams would potentially collect more than €1.2 billion in transfer indemnities if they decided to put all their current squad members on the market. Chelsea complete the podium with an estimated squad value of €946 million. Barcelona head the rankings in the Spanish La Liga (€896M), Bayern Munich in the German Bundesliga (€890M), Paris St-Germain in the French Ligue 1 (€808M) and Juventus in the Italian Serie A (€618M).The bottom of the list made of 98 teams belongs to the German side Greuther Firth, with a squad value of only 26,000,000 euros.##EDITORS_CHOICE##The estimated transfer value of all English Premier League players totals €8.9 billion (€445M per team on average). For the other leagues of the Big-5, these figures are €5.3 billion for the Spanish La Liga (€263M per club), €4.5 billion for the German Bundesliga (€251M), €4.4 billion for the Italian Serie A (€222M) and €3.4 billion for the French Ligue 1 (€172M).##NAJAVA_MECA_5865461##