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 £4,844,689 over the course of 2013-14. Real Madrid are football's second highest paymasters, paying their players just over £4.5 million per year on average, while Barcelona come third with a mean first-team salary of just under £4.5m.
The Manchester outfit are 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
|2||New York Yankees||Baseball||£4,799,942|
|3||Los Angeles Dodgers
|12||New York Knicks||Basketball||£3,506,217|
Bayern Munich are the only other non-Premier League club to be included in the top 12 of the survey, with their 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 have 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 £200,000 per week, bumping up their first-team average to a weekly wage of £92,000.