The money floating around in the Premier League nowadays is simply phenomenal.

In fact, the English top flight splashed out more than £1billion on signings during the summer transfer window, whilst 13 clubs smashed their record transfer fees.

That's an incredible jump from the £600million-odd spent in summer 2013, highlighting how the transfer racket works against a rate of inflation not quite like any other industry in the world.

With that in mind, it's surely important to know how much your first-team squad is worth in relative terms. And helping in that regard is transfer-mad website TransferMarkt.com.

They equate transfer fees, wages and length of contract to determine the current market values of individual players, which fluctuate on a regular basis.

Football FanCast have been taking a look at Everton's squad and the market worth of their ten most valuable players certainly makes some interesting reading! There's a few surprises in here to say the least...

10. Enner Valencia - £8.5m

Everton v Norwich City - EFL Cup Third Round

Everton signed Enner Valencia on loan during the summer and Transfermarkt reckon the Toffees would have to stump up around £8.5million to sign him permanently from West Ham. However, the Ecuador striker has endured a slow start to his Everton career, yet to find the net in three appearances.

9. Oumar Niasse - £10.2m

Everton v Newcastle United - Barclays Premier League

Despite signing him at a cost of £15.2million in January, Oumar Niasse's market worth is now just £10.2million. That might have something to do with Ronald Koeman making it abundantly clear in August that the Senegal forward wouldn't be a part of his first-team plans this season.

8. Ramiro Funes Mori - £10.2m

Everton v Norwich City - EFL Cup Third Round

Transfermarkt think Everton were bang on the money when they paid just shy of £11million for Ramiro Funes Mori. They rate him at £10.2million - likely due to the fact his contract doesn't expire until 2020.

7. Kevin Mirallas - £11.05m

Everton v Middlesbrough - Premier League

Kevin Mirallas has proved a shrewd investment since arriving from Olympiacos in summer 2012 at a cost of £6.5million, going on to bag 27 goals in 118 Premier League appearances. According to Transfermarkt, his current market worth exceeds that sum by almost double.

6. Leighton Baines - £11.05m

Everton v Norwich City - EFL Cup Third Round

Leighton Baines may be just a matter of months away from his 32nd birthday but the veteran left-back, who originally cost the Toffees just £6.38million, is still their sixth-most valuable player at £11.05milion.

5. Yannick Bolasie - £11.9m

Everton v Crystal Palace - Premier League

Did Everton pay over the odds for £24.75million man Yannick Bolasie? Transfermarkt seem to think so, issuing the Congo international a market value of just £11.9million. We're not so sure Everton fans would agree with that; the winger's been fantastic since moving to Goodison Park.

4. Seamus Coleman - £14.45m

Everton v Middlesbrough - Premier League

One of the best attacking right-backs in the business, Transfermarkt believe potential suitors should be playing at least £14.45million for Seamus Coleman. Not bad considering the Toffees paid Sligo Rovers just £60k for him back in 2009.

3. James McCarthy - £14.45m

Everton v Tottenham Hotspur - Premier League

Everton are reportedly ready to sell James McCarthy in January and that might be because he'd put around £14.45million into Ronald Koeman's proverbial pocket. Three years ago, the Merseysiders paid Wigan Athletic £13million for the FA Cup winner.

2. Ross Barkley - £18.7m

Everton v Crystal Palace - Premier League

Bearing the home-grown premium in mind, it's not surprising to see Ross Barkley coming second in this list. Transfermarkt put his market value at £18.7million - but we reckon Everton could claim twice that sum for the England international.

1. Romelu Lukaku - £34m

Everton v Middlesbrough - Premier League

Romelu Lukaku may be the second-top scorer in the Premier League, with five goals in six appearances this season, but Transfermarkt reckon his worth has only increased by £4million since Everton paid Chelsea £30million for his services in summer 2014. That's probably due to the fact Lukaku's contract hasn't been renewed, with his current terms due to expire in three years.