Manchester City have been named the most valuable football club brand in the world, topping the Brand Finance Football 50 Report for the first time in their history.
Following yet another successful season punctuated with a fifth Premier League title in six years, another FA Cup following their historic Manchester derby victory and potentially a first-ever Champions League trophy in just a few days’ time, the club has arguably never been in a stronger position.
In monetary terms, it is a simple fact: according to this year’s Brand Finance Football 50 report, Man City’s brand value has grown 34% since the COVID-19 pandemic, rising to more than £1.3 billion and overtaking European giants Real Madrid to become the most valuable club in world football.
Despite Man United being named the most valuable club in the Premier League according to Forbes’ latest rankings at the start of this month, this report suggests that Man City took in the most revenue on a global scale, reaching their all-time high notwithstanding the pandemic recovery period.
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Further backing up the numbers, City also topped Deloitte’s Money League for the second year running after announcing a record revenue of £613 million and profits of £41.7 million, the latter being more than double the previous Club record — and that was before the two most recent major honours. Crikey.
Elsewhere in the report, United did jump back above Liverpool into fourth overall, with Arsenal seeing the most growth over the last year following an impressive runner-up season. As for around Europe, PSG leapfrogged German giants Bayern Munich, and AC Milan are said to be the fastest-growing Italian club.
The City Football Group’s Chief Operating Officer, Roel de Vries, said the following after the announcement: “Being recognised as the world’s most valuable football club brand reflects the phenomenal growth story that Manchester City has had in recent years.
“This achievement recognises the evolution of not just the brand, but the Club as a whole. The Club has been performing consistently and has broken records on and off the pitch this season…
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“As we look to the future, we want to keep investing in the right things – our football talent, the city of Manchester and our local community, infrastructure and fan experience. We have a proven track record of innovation and are excited for the next chapter in this Club’s great history.”
Pep Guardiola and his squad are now just one game away from winning the treble, an achievement which would not only see them join an exclusive club of just seven teams to do so, such as United’s famous 1999 team, but would no doubt see their value skyrocket even further. Can they do it?
Details released of Andy Burnham’s meetings with Manchester City owners while Mayor
Emily Sergeant
Details of Andy Burnham’s meetings with Manchester City owners during his tenure as Mayor of Greater Manchester have been released.
In case you need bringing up to speed on the situation a little first, Manchester City was found guilty back in September all of its charges related to the Premier League’s financial rules over a nine-season period, and on top of that, was also found guilty of the majority of charges in relation to its failure to co-operate with the League’s investigation.
According to the Premier League, the independent Commission found that Manchester City had arranged so-called ‘sham’ commercial deals with a number of its sponsors.
These were part of a disguised funding scheme – with those sponsors only required to pay a portion of the relevant sponsorship fees.
The remainder was then funded by Abu Dhabi United Group Investment & Development Ltd (ADUG), which owned the club.
The Commission also concluded, as quoted by the Premier League, that the club had ‘made concerted efforts to stop and frustrate the Premier League investigation’.
Within the past week or so, it has since come to light that now-Prime Minister Andy Burnham had dealings with Manchester City during his tenure as Greater Manchester Mayor, and Greater Manchester Combined Authority (GMCA) has now issued a public statement, giving details on the matter and what these ‘dealings’ entailed.
A spokesperson for GMCA confirmed that Burnham had a ‘formal meeting’ with Man City Chairman, Khaldoon Al Mubarak, back in October 2021.
The statement reads in full: “In October 2021, Andy Burnham, in his role as Mayor of Greater Manchester, had a formal meeting with Khaldoon Al Mubarak at the UK Government’s Global Investment Summit arranged by the Department for International Trade.
“In his capacity as Mayor, he was a guest of Manchester City FC at home matches on a small number of occasions, including attending Vincent Kompany’s testimonial match in September 2019, where he met the Chairman informally in the stands. These have been declared in the usual way.
“Also during his time as Mayor, representatives of Greater Manchester sporting clubs would routinely join business delegations as part of Mayoral international visits.
“This included representatives from Manchester United travelling to Austin and Dublin, Lancashire Cricket Club joining a delegation to India, and Manchester City FC staff supporting visits to China and Japan.”
Featured Image – Lauren Hurley / Number 10 Downing Street (Press Image via Flickr)
Sport
Multiple arrests made for ‘tragedy chanting’ and police officer assault as Man City defeated Liverpool
Emily Sergeant
Multiple people were arrested over the weekend as Manchester City defeated Liverpool in a Premier League clash.
Merseyside Police have confirmed that a total of 10 people were arrested during the policing operation at Liverpool’s home ground of Anfield as they hosted Manchester City on Sunday 11 October.
One man was arrested on suspicion of assaulting a police constable, five were on suspicion of tragedy chanting, one on suspicion of being drunk and disorderly, two for affray, and one on suspicion of throwing items onto the pitch.
Police are now appealing to the public, and are particularly looking to speak to witnesses of the assault of the officer.
At around 6:35pm, as fans left the stadium, a police officer sustained a ‘serious facial injury’ during the arrest of a man on Anfield Road, and was subsequently taken to hospital for treatment but is now recovering at home.
Investigating officers are now conducting enquiries, speaking to witnesses, and analysing CCTV and camera phone footage.
Chief Inspector Leanne Hobin said it’s ‘extremely disappointing’ that an officer has sustained a serious injury while carrying out their duty.
“I hope the arrests send a clear message and act as a deterrent to others,” Chief Inspector Hobin continued. “Anyone who engages in this abhorrent behaviour risks ending up in custody and getting a criminal record.
“Despite the actions of a few, the overwhelming majority of the 60,000 fans in attendance behaved well and I want to thank them for their co-operation.”
Manchester City ended up defeated Liverpool 3-0 during the Premier League clash at Anfield.