The new Championship season is just over a month away, and excitement is building as the fight for promotion to the Premier League resumes.

Watford have been relegated to the second tier of English football following a five year stint in the country’s top division.

Although there remains plenty of wheeling and dealing to be done before the 2020/21 campaign, with many players expected move between clubs before kick-off next month, we decided to take a look at the transfer market values of Championship sites currently.

Figures are taken from Transfermarkt where every team's current market value is listed – the figures are not official and can often be some way off the mark.

Here's how Watford’s squad market value shapes against every other Championship side.

Watford Observer:

Watford will start next season in the Championship after relegation from the Premier League. Photo: Action Images

Barnsley

Watford Observer:

Deeney takes a shot against Barnsley. Photo: Action Images

Total squad value: £11.9m

Number of Players: 22

Average age: 23.2

Most valuable player: Cauley Woodrow (1.44m)

Birmingham City

Total squad value: £25.18m

Number of Players: 21

Average age: 26.1

Most valuable player: Ivan Sunjic: £4.32m

Blackburn Rovers

Watford Observer:

Tozser celebrates against Birmingham in 2014. Photo: Action Images

Total squad value: £23.33m

Number of players: 21

Average age: 26.3

Most valuable player: Bradley Dack (£5.85m)

AFC Bournemouth

Total squad value: £171.25m

Number of players: 26

Average age: 24.7

Most valuable player: Callum Wilson (£18m)

Brentford

Watford Observer:

Preseason game between Watford and Brentford in 2018. Photo: Action Images

Total squad value: £60.77m

Number of players: 29

Average age: 23.7

Most valuable player: Ollie Watkins (£10.8m)

Bristol City

Total squad value: £48.42

Number of players: 32

Average age: 26.2

Most valuable player: Han-Noah Massengo (£6.48m)

Cardiff City

Watford Observer:

Deeney nets against Cardiff in 2019. Photo: Action Images

Total squad value: £43.02m

Number of players: 22

Average age: 28.9

Most valuable player: Josh Murphy (£4.95m)

Coventry

Total squad value: £4.23m

Number of players: 26

Average age: 24.9

Most valuable player: Gustavo Hamer (£720k)

Derby County

Total squad value: £38.81m

Number of players: 24

Average age: 25.8

Most valuable player: Jayden Bogle (£5.67m)

Huddersfield Town

Watford Observer:

Aaron Moy in action for the Terriers in 2018. Photo: Action Images

Total squad value: £49.97m

Number of players: 22

Average age: 25.9

Most valuable player: Terrence Kongolo (£7.2m)

Luton Town

Watford Observer:

Luton vs Watford, 2006.

Total squad value: £10.71m

Number of players: 25

Average age: 27.4

Most valuable player: James Collins (£855k)

Middlesbrough

Total squad value: £35.89m

Number of players: 20

Average age: 25.5

Most valuable player: Britt Asssombalonga (£4.95m)

Millwall

Total squad value: £21.8m

Number of players: 21

Average age: 27.6

Most valuable player: Jed Wallace (£3.6m)

Norwich City

Total squad value: £124.31m

Number of players: 35

Average age: 25.6

Most valuable player: Todd Cantwell (£18m)

Nottingham Forest

Total squad value: £43.47m

Number of players: 27

Average age: 28.5

Most valuable player: Joe Lolley (£5.85m)

Preston North End

Total squad value: £27.23m

Number of players: 30

Average age: 26.5

Most valuable player: Tom Barkhuizen (£2.88m)

Queens Park Rangers

Watford Observer:

Watford vs QPR 2019

Total squad value: £21.83m

Number of players: 23

Average age: 25.6

Most valuable player: Eberechi Eze (£8.1m)

Reading

Total squad value: £30.06m

Number of players: 24

Average age: 25.7

Most valuable player: Liam Moore (£4.95m)

Rotherham United

Total squad value: £4.86m

Number of players: 21

Average age: 27.5

Most valuable player: Michael Smith (£585k)

Stoke City

Total squad value: £60.5m

Number of players: 28

Average age: 26.6

Most valuable player: Jack Butland (£5.85m)

Swansea City

Total squad value: £30.76m

Number of players: 23

Average age: 25.5

Most valuable player: Andre Ayew (£4.32m)

Watford

Watford Observer:

Ismaila Sarr in action against Crystal Palace

Total squad value: £181.64m

Number of players: 33

Average age: 26.2

Most valuable player: Ismaila Sarr (£22.05m)

Wycombe Wanderers

Total squad value: £2.27m

Number of players: 17

Average age: 28.1

Most valuable player: Fred Onyedeima (£360k)

Sheffield Wednesday

Total squad value: £21.58m

Number of players: 22

Average age: 27.6

Most valuable player: Adam Reach (£3.51m)