A new study has shown that Manchester City have more financial power than any other club in world football.
The Soccerex Football Finance 100, which ranks the world’s top teams based on both their playing and fixed assets, money in the bank, owner potential investment and debt, was published on Wednesday.
City, who are currently top of the Premier League, lead the way ahead of Arsenal with English clubs dominating the top 10.
“Manchester City, one of the most famous cases of significant foreign investment changing a club’s status and potential, top the rankings.
“Their owner’s high potential investment value is complimented by a strong performance by the club across each of the verticals.
“Arsenal’s second place in the rankings, ahead of PSG, will surprise many and is certainly a talking point in light of criticism the club receives from some quarters for its perceived lack of spending in the transfer market.
“Their ranking is a reflection of the club’s professionalism and a sound business model. The position of financial strength means Arsenal could invest significantly should the hierarchy of the club choose to change their business strategy,” the study concludes.
Top 20: 1. Manchester City 2. Arsenal 3. PSG 4. Guangzhou Evergrande 5. Tottenham 6. Real Madrid 7. Manchester United 8. Juventus 9. Chelsea 10. Bayern Munich 11. Zenit St Petersburg 12. RB Leipzig 13. Barcelona 14. LA Galaxy 15. Atletico Madrid 16. Liverpool 17. Borussia Dortmund 18. Lyon 19. Monaco 20. Leicester
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