Bluecranks
Player Valuation: £950k
This says you're correct: https://www.theguardian.com/football/2017/jun/01/premier-league-finances-club-by-clubI’d question the accuracy of that. According to that Bournemouth had over half the turnover that Man City did. Okay then.
The turnover column could just "a lot of money" and make the same point, though. Premier League clubs make a lot of money and should make sure those who work for them are paid properly.