OneFootball
·10 September 2026
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·10 September 2026
It’s time to take stock after a summer transfer window that reshaped the landscape of world football. The first two days of the Champions League have already given us some verdicts, unfortunately negative ones for the Italian sides. Both Inter and Napoli, in fact, lost on their respective debuts, albeit against two giants like Real and Arsenal.
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Inter, above all, have plenty of regrets, given the mistakes that led to the two blancos goals, also taking into account the “transfer market” factor, which in the club’s plans was supposed to bring the Italian champions closer to Europe’s elite.
Curtis Jones, Stones and Spence — although the latter is actually still sidelined — were all signings made with the idea of adding dynamism to the squad, to bring them closer to the level of the other top sides. But Inter, of course, are not the only ones to have changed...
In the Top 50 clubs by squad value, Serie A has eight teams, a result that is far from negative compared with the other European leagues. The comparison with the Premier League, however, remains merciless: the ranking features no fewer than 19 English clubs out of 20, with only Hull City missing from the list, while West Ham also appear, the only Championship side included.
Outside Europe’s five major leagues, the team with the most valuable squad is Porto, ahead of Galatasaray. To find the first club outside the UEFA area, you have to go all the way down to Al-Hilal in 57th, while Flamengo, in 62nd place, lead the South American contingent.
At the top of the standings remain Real Madrid, who after the Mourinho-style revolution have managed to hold on to first place. The arrivals of Diomande, Dumfries, Konaté and other top-level players have allowed the Merengues to fend off the challenge of Manchester City, the protagonists of what has been described as the richest transfer window ever, and PSG, two-time European champions. Just off the podium, meanwhile, are Arsenal, who will once again try to chase the dream of the treble.
Real Madrid themselves are the clearest example of what the transfer market can deliver: between June and September, Florentino Perez increased the squad’s value by around €240 million. Major growth also came for newly promoted sides Hull and Ipswich, at +157 and +120 million respectively, while Como sit between the two English teams and are the Italian club with the biggest increase in value.

In just twelve months, the club from Como has gone from 52nd to 21st place, managing to overtake Roma, Milan and Napoli as well and break firmly into the Top 30.
Naturally, there are also negative signs. The clearest case is Marseille, who are dealing with a particularly difficult moment and an overall estimated loss of around €181 million in squad value. Among the teams hit hardest are also other French clubs, such as Strasbourg and Lyon. Italy, meanwhile, has only two clubs among those in decline, Bologna and Cagliari, with drops that are decidedly more limited.
This article was translated into English by Artificial Intelligence. You can read the original version in 🇮🇹 here.
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