Arsenal have become only the second club in world football to have a squad value worth over €1 billion (£852.8m), according to the latest information.
The Gunners are climbing up the rankings everywhere you look following an impressive 2022/23 campaign which saw Mikel Arteta's side finish second in the Premier League.
And on their return to the Champions League, Arsenal have entered an elite group of teams to have a value worth over €1b, or €1.09bn to be precise, according to Transfermarkt.
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Their most valuable top-18 players is a major contributing factor, culminating in €895m, while the average market value of their players is calculated to be worth €34.17m.
That figure is likely to increase, too, following the club's summer spending spree. The north London side have already signed Kai Havertz from Chelsea for £62 million.
West Ham skipper Declan Rice is tipped to follow suit after Arsenal agreed a £105m fee to sign the England international, with an announcement expected to be made in the coming days.
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The Athletic's David Ornstein also revealed that the Gunners had reached full agreement with Ajax to sign Jurrien Timber in a deal worth €40m, including €5m in bonuses.
Fresh off winning the treble, Manchester City are the only team to be worth more in the world, boasting a total value of €1.19bn.
Real Madrid round out the top three with a value of €975.50m, with Chelsea taking up the fourth spot after spending over £600 million since the arrival of Todd Boehly.
Here is the top 10 in full:
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1) Manchester City (€1.19bn)
2 Arsenal (€1.09bn )
3 Real Madrid (€975.50m)
4 Chelsea (€951.70m)
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5 Bayern Munich (€939.50m)
6 Paris Saint-Germain (€870.60m)
7 Barcelona (€860.00m)
8 Liverpool (€848.80m)
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9 Manchester United (€773.80m)
10 Tottenham Hotspur (€755.30m)
Topics: Arsenal, Premier League, Manchester City, Real Madrid, Football