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Manchester City named World's Most Valuable Football Club Brand
Manchester City has been named the world's most valuable football club brand, according to a new report by Brand Finance. The report, which was released on June 6, 2023, valued City's brand at $4.2 billion, up from $3.6 billion in 2022.
The report attributed City's rise in value to a number of factors, including the club's recent on-field success, its strong financial performance, and its global reach. City has won five Premier League titles in the past nine years, and it reached the Champions League final in 2021. The club also has a strong financial position, with revenue of $646 million in 2022. And City has a global fan base, with supporters in over 180 countries.
City's rise to the top of the Brand Finance rankings is a significant achievement. It is the first time that a Premier League club has been ranked as the most valuable football club brand in the world. And it is a testament to the club's success on and off the field.
City's brand value is also a sign of the growing commercial power of football. The sport is now a global phenomenon, with billions of fans around the world. And football clubs are increasingly seen as valuable assets by brands and investors.
Manchester City's rise to the top of the Brand Finance rankings is a sign of things to come. Football is a growing business, and the most successful clubs are those that can build strong brands and connect with fans around the world.