Real Madrid, Man City & Inter Miami - Every club at the Club World Cup ranked by squad value

Following the European club season's conclusion, attention now turns to the inaugural revamped FIFA Club World Cup, which will take place in it's brand-new format this June. The new-look 32-team tournament will take place every four years, and pit teams from six continents against each other in a pursuit for the mantle of the world's best club. Whilst the new competition has been met with some scepticism, due to the overworking of players and the criticism that it's just a money-making venture for clubs and football's governing bodies, the recent news of the prize money available will certainly have caught the eye of the top clubs. The overall prize fund, shared between all 32 teams based on different factors, will be €930 million, with €441m awarded on a performance-related basis. By comparison, this season's Champions League performance-related prize money stands at just €343m.

With Financial Pair Play laws and the stringent PSR (Profit and Sustainability) rules in the Premier League, top clubs no longer have much wiggle room when it comes to finances and splashing out on new players. The big money on offer for performing well at this season's Club World Club offers a great incentive for clubs, and could make a huge difference in what they are able to do in this summer's transfer window. So who is actually competing in the first new-format Club World Cup? At Transfermarkt we have you covered, and have ranked all competing sides from across the globe by their current squad market values.

Each club at Club World Cup ranked by squad market value

The disparity between the squad market values of the clubs competing in this season's Club World Cup is pretty huge. Both Real Madrid's Kylian Mbappé and Manchester City's Erling Haaland (Market value: €180m) alone are worth more than 18 of the 31 entire squads in the competition. And to no great surprise, the Madrid lead the way as the most valuable club in the tournament at €1.33 billion. They are followed in second by Man City with a squad value of €1.18b. Third place goes to PSG, whom boast a squad value of €1.05b, whilst Chelsea take fourth with a squad worth €972m. Bayern Munich complete the top five with a squad market value of €843m. Inter Milan (€703m) are sixth, with fellow Serie A side Juventus seventh (€632m).

European domination continues with Atlético Madrid (€506m) in eighth, followed by Borussia Dortmund (€456m), Benfica (€364m) and then Porto (€346m). Then come the South Americans with Brazilian Serie A side Palmeiras the highest placed side from the continent in 12th with a squad market value of €253m. Flamengo (€221m) are 13th. Botafogo (€160m) take 14th position, while RB Salzburg (€156m) are 15th. Then the first Asian side in Saudi Pro League outfit Al-Hilal (€153m) in 16th. RB Salzburg (€149m) are 15th, with Botafogo (€119m) taking 16th position. Argentinian side River Plate (€114m) are 17th and they are followed by their bitter Buenos Aires rivals Boca Juniors (€84m) in 18th.

Then come Brazilian club Fluminense (€77m) in 19th, while Mexican outfit Monterrey (€69m) are the first North American side on the list in 20th, and are followed by Lionel Messi's Inter Miami (€66m) in 21st. Then come Mexican side Pachuca (€56m), and then MLS duo Seattle Sounders (€52m) and Los Angeles FC (€51m) in 23rd and 24th respectively. Egyptian giants Al-Ahly (€50m) are next in 25th, followed by United Arab Emirates team Al-Ain (€45m), and South African outfit Mamelodi Sundowns (€35m). Then it's Tunisia's Esperance Tunis (€20m), and Japanese side Urawa Red Diamonds (€20m), and Morocco's Wydad Casablanca (€17m). With South Korea's Ulsan HD FC (€15m) and New Zealand's Auckland City (€5m) completing the current 31 teams.