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PSG leapfrog Manchester City as the world's most financially powerful club

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PSG have overtaken Manchester City as the most financially powerful club in world football, according to the annual Soccerex Football Finance 100 report.

The clubs are rated by a football finance index score, which is based on the value of the current squad, tangible assets, finance available in their accounts and potential owner investment and net debt.

This edition analyses the financial year 2017-18.The report ranks the financial potential of each club and develops a methodology that looks at the performance of clubs in the five key variables, weighted against that variable's percentage of the accumulative total, thereby giving an FFI score.

PSG top the list with an FFI score of 5.318.

FOOTBALL FINANCE - TOP 25 The study said PSG had reduced their debt by £58m over the last year while City's debt levels had increased by more than £75m.PSG's rise is due to an improved level of financial management that has seen them increase cash reserves and reduce debt levels, through both player sales and support from their Qatari owners.

Manchester United fell eight places from last year to 16th in the report, mainly due to the depreciation in squad value and an increase in cash debt.

'Despite Europe's dominance, football is very much a global game with investment from football's emerging markets very much underpinning its continued growth.

For more news relating to Manchester City, visit our sister site MCFC Live.
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