Paris Saint-Germain beat Manchester City to top spot in the annual Soccerex Football Finance 100 report; Tottenham, Chelsea, Arsenal, Liverpool also in top 10
By Tommaso Fiore
Last Updated: 14/02/20 1:28pm
Manchester United are the 16th most financially powerful club in the world, according to the annual Soccerex Football Finance 100 report.
The global football networking company rates clubs a football finance index score, based on the value of the current squad, tangible assets, finance available in their accounts and potential owner investment and net debt.
The report is based on analysing balance sheets and annual reports from 2017/18, the last globally compete financial year available, and ranks the top 100 clubs in the world for economic power.
Paris Saint-Germain overtook Manchester City in top spot after reducing their debt by £58.2m, while City’s debt levels had increased by around £74.8m over the same year.
Manchester United have dropped eight places in the latest Soccerex Football Finance 100
Bayern Munich claim third place, with Tottenham ahead of Real Madrid in fourth and Arsenal, Chelsea and Liverpool sitting sixth, seventh and eighth in the standings respectively.
Manchester United dropped out of the top 10 into 16th position, falling eight places from last year in the report published on Thursday.
“The club continue to successfully leverage their global brand to generate significant revenues – they ranked third behind the two Spanish giants in Deloitte’s recent revenue-based report – but this only tells part of the…