The Champions League is officially back, ladies and gentleman.

The greatest cup competition in the world gets underway on Tuesday, with Juventus and Barcelona among the teams in action.

The team to beat is undoubtedly Bayern Munich.

Hansi Flick's side looked dominant as they stormed to glory last season, beating Paris Saint-Germain 1-0 in the final.

Liverpool and Manchester City will both be looking to get their hands on European football's biggest prize, while PSG and Real Madrid are also candidates to win it all.

Robert Lewandowski of Bayern Munich kisses the Champions League trophy

But who has the most valuable squad in the competition?

Transfermarkt have listed the squad values of all 32 teams playing in the Champions League group stages.

We've ranked them from last valuable to most valuable below...

32. Ferencvárosi - £21.83m (G)

31. FC Midtjylland - £37.85m (D)

30. Lokomotiv Moscow - £75.83m (A)

29. Istanbul Basaksehir - £77.54m (H)

28. Olympiacos Piraeus - £86.67m (C)

27. Dynamo Kyiv - £90.23m (G)

26. FK Krasnodar - £104.09m (E)

25. Shakhtar Donetsk - £121.32m (B)

Shakhtar players

24. Red Bull Salzburg - £129.60m (A)

23. Club Brugge - £129.78m (F)

22. Zenit St. Petersburg - £162.27m (F)

21. Olympique Marseille - £205.61m (C)

20. Stade Rennais FC - £216.45m (E)

19. FC Porto - £226.22m (C)

18. Ajax Amsterdam - £257.54m (D)

Ajax's squad

17. Borussia Mönchengladbach - £282.04m (B)

16. Sevilla FC - £314.01m (E)

15. SS Lazio - £325.62m (F)

14. Atalanta - £335.66m (D)

13. RB Leipzig - £463.12m (H)

12. Borussia Dortmund - £528.53m (F)

11. Inter Milan - £616.59m (B)

10. Juventus FC - £621.18m (G)

Juventus' squad

9. Atlético Madrid - £661.95m (A)

8. Manchester United - £719.87m (H)

7. Chelsea FC - £755.01m (E)

6. Real Madrid - £769.50m (B)

5. Paris Saint-Germain - £772.88m (H)

4. Bayern Munich - £787.19m (A)

3. FC Barcelona - £790.65m (G)

2. Manchester City - £971.64m (C)

p1el3d5tcu1c2f1c2qre38961qMan City's squad7qj.jpg

1. Liverpool FC - £972.63m (D)

So Liverpool top the pile, with their squad valued at just £1m more than Premier League rivals, Manchester City.

Both teams have a squad value of almost £950m more than bottom club, Ferencvárosi.

Bayern Munich and Juventus only have the 4th and 10th most valuable squads respectively.

And below is the combined squad values of every group...

Group A: £1.65bn

Group B: £1.79bn

Group C: £1.49bn

Group D: £1.60bn

Liverpool's squad

Group E: £1.39bn

Group F: £1.15bn

Group G: £1.52bn

Group H: £2.03m

Group H, consisting of PSG, Man United, Leipzig and Istanbul Basaksehir, is the 'Group of Death' this year if squad values are anything to go by.

Group F, featuring Dortmund, Lazio, Club Brugge and Zenit is the weakest.

Man City were judged to have been given another easy group again this year and the squad values prove it. 

Their squad value is £971.64m, while the other three clubs in group C combine for just £518.5m.