Manchester City became the richest club in the Premier League

English football club Manchester City surpassed Manchester United in revenue for the first time to become the richest club in the English Premier League (Premier League). This was reported by the Financial Times newspaper with reference to the experts of the audit and consulting company KPMG.

According to KPMG, the victory of Manchester City in the Premier League championship and reaching the Champions League final allowed the club to increase revenue by 17% – to € 644 million. The income of Manchester United, formerly the richest club, was € 557 million.

The Daily Mail attributes Manchester City’s financial success to an increase in TV revenues to £ 296m (€ 354m). The publication also indicates that the football club’s squad has become the most expensive in the world, breaking the € 1 billion mark (almost € 1.3 billion). The most expensive players on the team were Phil Foden, Kevin De Bruyne and Ruben Diaz.

Manchester City reached the 1/8 finals of the Champions League. The club is ranked first in the standings with 53 points in 21 matches. Manchester United have scored 31 points in 19 games and are in seventh place.

About the situation with European clubs – in the material of “Kommersant” “Champions do not have enough watchers.”

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