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Manchester City are now the most valuable Premier League club after passing Manchester United, according to a new study.
In new research by the University of Liverpool’s Centre for Sports Business Group (o/f BBC Sport) has led to a valuation of City at £2.364 billion, while United’s is calculated to be £2.087 billion.
An increase in City’s value by £385 million and decrease in United’s by £376 million is the reason for the turnaround, with the Red Devils’ decline blamed on “higher wages and lower profit.”
On the City’s blue side, under Pep Guardiola, City have become one of the best sides in Europe. They are on track to become the first side since United in 2009 to successfully defend the Premier League title.
At £590 million compared to City’s £500 million, United still have the highest revenue in the Premier League by some distance.
It does seem City are now self sufficient and it’s why they are so well run. This report does more to show how big City have become in a relatively short time.
And it’s a great thing to see! C’mon City!