Manchester City have more financial firepower than any other club in world football, according to Soccerex, which compiled the list, says the club has the biggest economic growth potential. The Soccerex Football Finance 100 also takes into account the value of clubs' players, their fixed assets such as stadiums and training grounds, the amount of money they have in the bank as well as net debt. This methodology explained why Arsenal was ranked above Paris Saint-Germain (PSG), which paid a record €222m (£200m) to sign Brazilian superstar Neymar last summer.
UK clubs dominate the top ten spots with Arsenal ranked second, Tottenham Hotspur fifth, Manchester United seventh and Chelsea in ninth position.
Manchester City is owned by multi-billionaire Sheikh Mansour, a member of Abu Dhabi's ruling Al-Nahyan family, who has invested heavily in the team since he took it over almost a decade ago. The club spent £215m on player transfers over the summer, which was the biggest by any English club in any transfer window.
China's growing significance in the global football market is shown with the country's Guangzhou Evergrande coming above Spain's Real Madrid and Barcelona whose rankings were hit by their membership owner structures and the lack of potential owner investment. Nine of the Chinese Super League clubs are ranked in the top 100 clubs, more than France, Germany and Italy.
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