Search DubaiPRNetwork.com

Dubai and UAE
Home >> Events, Entertainment & Exhibitions

Manchester City Named World's Most Valuable Football Club Brand

Sunday, December 3, 2023/ Editor -  

Share

Home >> Events, Entertainment & Exhibitions

Premier League champions climb to number one position in Brand Finance Football 50 2023 Report
 

Abu Dhabi, UAE, 6 June 2023: Manchester City has been named the most valuable football club brand in the world. The Club has topped the Brand Finance Football 50 2023 Report for the first time. 


The report details a 34% positive growth in City’s brand value since the COVID-19 pandemic, with the Premier League champions overtaking Real Madrid for the top position. This is the first time an English club has held the number one spot in six years. 
A decade of dominance on the pitch and the highest revenue of any of club in the report were outlined as key drivers for City’s rise in the rankings. 
This comes at the climax of a remarkable season for Manchester City both on and off the pitch. On Saturday, City lifted the FA Cup to complete a domestic double after winning a third successive Premier League last month. The Club will be looking to add more silverware to this historic season as it competes in the UEFA Champions League Final this weekend. 


This season the Club has also topped the Deloitte Money League for the second successive year after announcing a record revenue of £613 million and profits of £41.7 million, the latter being more than double the previous Club record. It has also been a strong year for City’s commercial portfolio with a number of new partners and long-term renewals announced across the season.  City’s retail operation has also continued to break records with incredible demand for the 2022/23 season kits and the most recent kit launch seeing a new shirt sold every 12 seconds on the first day of sales. 
The popularity of the Club is also reflected in its huge growth and engagement levels across social media, most notably with City being the most popular European club on YouTube for active users and video views this season.  
Looking to the future, Manchester City has submitted a planning application to Manchester City Council for the development of a best-in-class fan experience and year-round entertainment and leisure destination at the Etihad Stadium. This project would add a further £300m to City Football Group’s investment and regeneration work in East Manchester.


Roel de Vries, Chief Operating Officer at City Football Group, said: “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, whilst operating in a way that promotes financial sustainability. 
“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.” 

 


Previous in Events, Entertainment & Exhibitions

Next in Events, Entertainment & Exhibitions


Home >> Events, Entertainment & Exhibitions Section

Latest Press Release

Dubai Free Zones Council Emphasizes Commitment to Support Dubai Economic Agenda ...

EGA finances US acquisition with green loan facility

Bafleh Jewellery Honored with Prestigious PRIMA DUTA AWARD by the Government of ...

“Dubai Autodrome” to celebrate 20th anniversary by welcoming largest gt3 grid fo ...

Game Changers' Falcons Clinch Historic Victory at World Tennis League Season 3

Guinness World Records Teams Up with Dubai Marathon to Empower Runners to Make H ...

Malabar Gold & Diamonds Unveils ‘Artistry', Branded Jewellery Show at Bur Dubai ...

Learn About the Mohammed Bin Rashid Library Membership and Benefits of Each Cate ...

Dubai Basketball Secures Top League Spot with Christmas Eve Victory Over Tough B ...

Ministry of Economy details new pricing policy for nine categories of essential ...

Emirates Drug Establishment reviews key achievements and future plans.

Dubai Culture and Google launch open call for 2nd MENA Creatives Bootcamp – AI & ...

Hotpack Global welcomes Amnesty beneficiary Syed Irfan Nazar, reinforcing commit ...

Ministry of Finance Hosts Workshop to Promote Data-Driven Decision-Making Cultur ...

An Emirati Lady Wins the Mega Prize of the Mercato and Town Centre PrivilegePLUS ...

Masdar Expands Solar and Wind Portfolio in Europe Two Landmark Acquisitions Clos ...

A Winter Full of Surprises: The Snow Kingdom Takes Over Bawabat Al Sharq Mall!

UAE and Croatia explore opportunities to bolster bilateral economic and trade re ...

Ministry of Finance Announces Amendments to Ministerial Decisions on Tax Groups ...

Brighton College Dubai Excels in TIMSS 2023, Setting New Benchmarks in Mathemati ...