Manchester City top world financial firepower list.. with Arsenal above PSG and Manchester United.
Runaway Premier League leaders top a list compiled by Soccerex, meaning City are thought to have biggest economic growth potential.
MANCHESTER CITY have more financial power than any other club in world football, according to new rankings.
The runaway Premier League leaders top a list compiled by Soccerex, meaning City – who spent £213million in the summer – are thought to have the biggest economic growth potential.
The Soccerex Football Finance 100 ranks the world’s top teams based on both their playing and fixed assets, money in the bank, owner potential investment and debt.
It was revealed in November that City, who have dropped just four points in the league this season, posted record revenues of £473.4m in their third consecutive year of profit.
They lead rankings ahead of Arsenal with English clubs dominating the top 10.
Tottenham are fifth on the list ahead of seventh-placed Manchester United, with Chelsea in ninth.
According to the study, the Gunners have £766million worth of fixed assets – following their move from Highbury to the Emirates Stadium – more than any other club in world football.
Only Manchester United have more money in the bank (£307m) than Arsenal’s £300m.
The north London club also have the lowest net debt (£8m) of any other team from England, with Chelsea’s £800m recorded as the largest of clubs in the top 100.
However, the money has been lent to the club by its parent company Fordstam – also owned by Roman Abramovich.
The study concludes: “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.”
Liverpool are 16th on the list, while 2016 Premier League champions Leicester are 20th.
French giants Paris Saint-Germain, who signed Neymar in a world-record £198m deal last summer, are third ahead of Chinese side Guangzhou Evergrande.
Real Madrid are sixth with their La Liga rivals Barcelona only 13th.