Damning UEFA report lists Man Utd as having the 'most expensive squad EVER' - worth eye-watering £1.21 billion - as staggering fees for Jadon Sancho & Antony take Red Devils past 2020 record set by Real Madrid

The report, taken by the European Club Finances and Investment Landscape, revealed Erik ten Hag's side to be worth £1.21bn ($1.52bn) by the end of the 2023 financial year. This beats the record in place since 2020 set by Real Madrid, whose illustrious team were worth an estimated £1.13bn ($1.42m) combined.

The signings of Antony and Sancho contributed heavily to that final 2023 sum. The Brazilian is yet to fully take off since signing for £82m ($103m) in 2022, while the England winger was recently loaned back to Borussia Dortmund after failing to live up to his £73m ($92m) price tag. Other noteworthy costs include £80m ($100m)-man Harry Maguire, signed back in 2019, as well as veteran Casemiro, for whom United splashed out £70m ($88m) in 2022. Indeed, the figures are damning when lined up with United's fortunes on the pitch, with the Red Devils still a long way off being able to challenge for the Premier League and Champions League.

However, that report does not take into account United's spending after the 2023 financial year, meaning £72m ($90m) Rasmus Hojlund, £55m ($69m) Mason Mount and £47m ($59m) Andre Onana are all omitted from that staggering total.

UEFA's report adds that United's eye-watering sum is joined by Premier League rivals Manchester City, Chelsea, as well as European giants Real Madrid, who all topped £1bn ($1.26bn) in squad values for 2023. Todd Boehly's Blues were recently told they could spend up to another £350m ($439m) in the coming window, if the right player sales are sanctioned.