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PSG are football's greatest financial power

Even leaving aside the possible consequences of Manchester City's dispute with Uefa, PSG have overtaken Manchester City as the football's greatest financial power, according to a report by football business experts Soccerex, again highlighting the significance of the two clubs' Middle Eastern ownership: Soccerex report. You can download the whole report. The findings are in line with an offthepitch.com analysis which last month showed PSG and Manchester City, both clubs owned by oil-rich states, were the biggest revenue growers among the top European clubs over the past decade. PSG increase their revenue by a whopping 671 per cent from 2010 to 2019, while Manchester City's Abu Dhabi owners oversaw a 328 per cent increase. However, one should inject a note of caution. The oil price has probably reached its all time high in real terms as the switch to electric powered vehicles gains pace. The Gulf states don't produce anything else. The Paris club surpassed Ci...