City 19th in Deloitte rich list

02 March 2010 09:26
Manchester City are 19th in the football rich list that rates clubs on their revenue. The Blues had a revenue of £87m for the 2008/2009 season according to a report from accountants Deloitte. City's position in the list does not reflect their huge spending power afforded by the club's Abu Dhabi ownership. United have dropped to third in the list as English clubs were hit by the strength of the Euro. Dan Jones, partner in the sports business group at Deloitte, said: "All the English clubs were impacted by the continuing depreciation of the pound against the euro and the scale of this is shown by the fact that if exchange rates remained at their June 2007 level, United would be top of the money league table." Jones added: "The North West has a proud position in both the historical development and current success of English football.  This strength is further highlighted by the region having eight Premier League clubs in the 2009/10 season, all of which are in the top 75 revenue generating clubs in Europe.?

Source: Man_City