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A new study has claimed that the Premier League giants are the globe's biggest paymasters, outstripping Real Madrid and Barcelona.

Manchester City players are the best-paid sportsmen in the world, according to a new survey.

The English League Cup winners came in top of Sporting Intelligence's 2014 Global Sports Salaries Survey, with their first-team squad members reported to earn an average annual wage of 5,864,675 euro during the course of 2013-14. Real Madrid is football's second highest paymaster, paying its players almost 5.5m euro per year on average, while Barcelona comes third with a mean first-team salary of just less than 5.4m euro.

The Manchester outfit is the only sports club in the world paying more than renowned baseball giants New York Yankees and the Los Angeles Dodgers, with Madrid and Barca the fourth and fifth across all sports.

THE PAY LEAGUE | Sport's biggest wage bills
RANK CLUB
SPORT AVERAGE WAGE
1 Manchester City
Soccer €5,864,675
2 New York Yankees Baseball €5,810,543
3 Los Angeles Dodgers
Baseball €5,627,073
4 Real Madrid
Soccer €5,488,391
5 Barcelona
Soccer €5,387,198
6 Brooklyn Nets
Basketball €4,930,297
7 Bayern Munich
Soccer €4,840,030
8 Manchester United
Soccer €4,751,643
9 Chicago Bulls
Basketball €4,381,386
10 Chelsea Soccer €4,380,101
11 Arsenal Soccer €4,288,906
12 New York Knicks Basketball €4,245,234
Source: Sporting Intelligence

Bayern Munich is the only other non-Premier League club to be included in the top 12 of the survey, with its players collecting the seventh-highest salaries in sport. Manchester United, Chelsea and Arsenal also made the dozen clubs on the list.

While Real Madrid and Barcelona have some of the world's most well-known players on their books in the shape of Cristiano Ronaldo and Lionel Messi respectively, Manchester City has a string of high-earning stars on their wage bill. Yaya Toure, Sergio Aguero and David Silva are all reported to be earning more than 250,000 euro per week, bumping up the club's first-team average to a weekly wage of 112,000 euro.

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