Manchester City have moved ahead of Bayern Munich in European football’s rich list, but continue to trail local rivals United, according to a report in the Daily Mail.
Manchester City’s owners have sold a 13 percent stake in the club’s parent company to Chinese investors for £265m meaning the club’s value under Sheikh Mansour of Abu Dhabi and the China Media Capital has rose to £1.987bn.
That has seen City move up to to fourth in the list ahead of German champions Bayern Munich, who boast a value of £1.555bn in fifth place.
United – backed by the Glazer family – have a value of £2.056bn, but they continue to trail the two main Spanish clubs.
Funded by Russian billionaire Roman Abramovich, Chelsea are sixth on £907m, Arsenal seventh on £865m and Liverpool are eighth with £650m.
Serie A sides Juventus on £554m and Milan on £513m make up the top 10, but that could alter when the Premier League’s new £5.136bn television contract kicks in from next season.
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