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The English Premier League has witnessed a sea of change ever since its inception in 1992. The initial 22-team format was changed to the current 20-team format in 1995.
The advent of the new century saw the emergence of the so-called "top-four" clubs - Arsenal, Chelsea, Manchester United and Liverpool.
The world also started to take notice and the immense popularity of Premier League clubs served as an added incentive for potential investors.
Russian oligarch Roman Abramovich bought Chelsea in 2003. The money he injected into the club helped them win back-to-back Premier League titles in 2005 and 2006.
2003 was also the year that saw American businessman Malcolm Glazer accumulating shares at Manchester United. He had taken full ownership of the club by 2005.
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Headlines were also made when the Sheikh Mansour-owned City Football Group bought Manchester City in 2008.
Money injected by investors is attracting top talents to the Premier League
The investment thus made by some of the world's top businessmen has brought more buying power to top Premier League clubs. With a willingness to bring more success to their clubs, the boards are investing heavily in top talent from around the world.
This further helps the teams gain more visibility and increases their chances of fighting for silverware, which is crucial in increasing their overall brand value.
The Premier League has traditionally been dominated by five or six teams. Those through their success at the top level have increased their overall value by attracting serious talent. In the list below, we are going to rank the five most valuable Premier League teams right now:
#5 Tottenham (£633m)
Tottenham's current combined market value is around £633m. A number of high-profile players they have inside the dressing room contribute towards taking the overall value.
Star striker Harry Kane is the most precious commodity Daniel Levy's side have at the moment. A product of Tottenham's youth academy, Kane's current market value is around £108m.
Heung-min Son was yet another smart investment for the Lilywhites. Together with Kane, Son gives Tottenham an edge in attack.
Son's current market value is around £76m, almost thrice what it was when Tottenham signed him from Bayer Leverkusen in 2015.
Tottenham made a very wise move this summer when they roped in Fabio Paratici as their new managing director of football. The Italian has made the Lilywhites invest in relatively young players such as Cristian Romero and Bryan Gil.
These players already have high market values and can become even more expensive in the future, further increasing the Premier League club's overall value.
#4 Liverpool (£798m)
Liverpool are yet another club that focuses more on value investment in the market rather than going on a buying spree. The current valuation of the Premier League giants is around £798m.
The club have found a good goal scorer in the form of Egyptian Mohamed Salah. He is currently Liverpool's most expensive player with a market value of £90m.
His two other striking partners, Sadio Mane and Roberto Firmino, add up another £121m between them. In defense, the Reds have Virgil van Dijk, Liverpool's record signing, priced at £49m.
Klopp is also credited for the growth of Trent-Alexander Arnold, who after flourishing from the club's academy. The full-back has done wonders to raise his market value up to £67m, thus contributing hugley in increasing the club's market value.
#3 Manchester United (£819m)
Premier League giants Manchester United are among the most followed football clubs in the world, with a valuation of £819m.
They have a star-studded line-up on offer that is expected to be further glamorized with the addition of Cristiano Ronaldo.
The Premier League giants had to wait two summers to get their hands on Jadon Sancho. They spent £73m to sign him from Borussia Dortmund.
The England international's current market value is £90m which makes him Manchester United's most expensive player.
Marcus Rashford is yet another case. Rashford and Mason Greenwood have a collective value of £121m. The playmaker duo of Bruno Fernandes and Paul Pogba add another £135m.
Despite all the controversies regarding Ed Woodward's handling of transfers for the Premier League side, Manchester United seem like they have turned a corner now.
The Red Devils will be aiming for nothing short of silverware this season.
#2 Chelsea (£832m)
Chelsea have a market value of approximately £832m, keeping them just slightly ahead of their Premier League title rivals Manchester United.
The Premier League giants are more focused on buying relatively established stars and count on their managers to improve them even further.
Let's take one of their star players, N'Golo Kante, for example. When Chelsea bought Kante from fellow Premier League side Leicester City back in 2016 they paid around £32m for his services. Kante's current value is around £49m.
One of Chelsea's brightest academy graduates, Mason Mount, is currently valued at £67m.
The Premier League club have an expert in the form of Marina Granovskaia in charge of their transfer activity. Much of their success in the market of late has been attributed to her.
When Chelsea buy someone for a hefty fee they try to maintain their books by selling someone for an equal price.
The current transfer window has seen Chelsea buy Romelu Lukaku for a club-record fee of £103m. They have balanced it with the sales of Tammy Abraham, Fikayo Tomori, Davide Zappacosta, Victor Moses and Olivier Giroud for a combined fee of around £76m.
The 2021-22 summer window is not a one-off success story for Chelsea's expert recruitment team. The Premier League side spent significant amounts on Kai Havertz, Timo Werner, Ben Chilwell, Hakim Ziyech and Edouard Mendy last season.
#1 Manchester City (£952m)
The Citizens have been the most successful Premier League club of the decade, winning as many as five league titles, two FA Cups and six EFL Cup trophies.
They have an expert manager in charge in the form of Pep Guardiola, who is good at bringing the best out of each of his players.
Kevin De Bruyne, the deadliest weapon in Manchester City's arsenal, saw his skills sharpened even further when he started training under the Spaniard. De Bruyne's current £90m price is significantly higher than the £68m Manchester City paid for him.
Players such as Ruben Dias, Ferran Torres, Raheem Sterling and Phil Foden are also huge contributors to Manchester City's £952m market valuation.
Jack Grealish was signed from another Premier League club Aston Villa recently for a British record £100m and is currently estimated to be worth around £58m.
The name Manchester City has now become synonymous with success at the domestic level. Therefore, it is obvious that such a huge team will have big players, reflecting the club's high valuation.
