Manchester City are now one of the most successful teams in the world, with the club having grown its revenues massively over the past 15 to 20 years.
The arrival of new owners in 2008 was the catalyst for a massive transformation in both the club’s infrastructure and its commercial worth.
While Sheikh Mansour has invested significant resources into the club, the Cityzens have effectively become self-sustaining due to success on the pitch as well as their financial acumen off it.
How much is Man City worth?
According to Forbes, Manchester City is valued at $4.99bn as of May 2023, which is an 18% increase year on year.
Their progress over the past decade has been pretty remarkable, with Forbes’s valuation having increased seventeen-fold since 2011 when the team was worth only $291m.
Late last year, the Premier League champions reported record revenues for the 2022-23 season of £712.8m, making a profit of £80.4m. They are now second on the Deloitte Money League table for 2024.
How do Man City compare to other clubs in the Premier League and Europe?
The Cityzens are currently the 5th most valuable team in world football. Real Madrid are out in front with the La Liga giants’ valuation at $6.07 bn. With the 14-time European champions’ worth going up 18% year-on-year, their growth is keeping pace with City so the Manchester club won’t be catching up any time soon.
Fierce rivals Manchester United are second on the list, with the Red Devils now worth $6bn, as of May 2023, which is 30% growth compared to 2022. Barcelona are third ($5.51bn) and Liverpool are fourth ($5.29bn).
In terms of other Premier League teams, Chelsea ($3.1bn) are behind City on Forbes list in 8th place, with Tottenham ($2.8bn) and Arsenal ($2.26bn) making up the rest of the top 10.
It is important to note that these valuations will soon be updated, as Forbes publishes new data at the end of each season. There will be new information available in May.
Based on City’s record revenues, the club will only be moving up the list over the next few years. With the amount of trophies being won, the profile of the club is ever-increasing, creating more commercial opportunities off the pitch. While surpassing Real Madrid as the most valuable club in the world may not be achievable, there is a strong possibility that Man City will surpass rivals Liverpool to become the second most valuable English team in the not-too-distant future.