Man City top Football Finance list ahead of PSG

Runaway Premier League leader Manchester City are packing more financial power than any other club in world football, according to a new study, reports Sony ESPN. The Soccerex Football Finance 100, which ranks the world's top teams based on both their playing and fixed assets, money in the bank, owner potential investment and debt, was published Wednesday. City, who have dropped just four points in the league this season, lead the way ahead of Arsenal with English clubs dominating the top 10. Tottenham Hotspur are fifth on the list ahead of seventh-placed Manchester United, with Chelsea in ninth. According to the study, Arsenal have £766m worth of fixed assets - following their move from Highbury to the Emirates Stadium - more than any other club in world football, while only United have more money in the bank (£307m) than Arsenal's £300m.

1) Man City 2) Arsenal 3) PSG ------------------ 5) Tottenham 7) Man Utd 9) Chelsea 16) Liverpool 20) Leicester Here’s the full story on the Soccerex Football Finance 100https://t.co/YQ4EfBwEkc

— PA Dugout (@PAdugout) January 3, 2018

The north London club also have the lowest net debt (£8m) of any other team from England, with Chelsea's £800m recorded as the largest of clubs in the top 100. The annual report by Soccerex suggests that Arsenal have the monetary muscle to "invest significantly" in the transfer market. "City, one of the most famous cases of significant foreign investment changing a club's status and potential, top the ranking," the study concludes. "Their owner's high potential investment value is complimented by a strong performance by the club across each of the verticals. "Arsenal's second place in the ranking, ahead of PSG, will surprise many and is certainly a talking point in light of criticism the club receive from some quarter for their perceived lack of spending in the transfer market.

Manchester City have the most financial power of any club in the world, according to a new study And Arsenal "could invest significantly" given their financial strength Full story on the Soccerex Football Finance 100 to follow...#mcfc #afc pic.twitter.com/DGWZ8hWjEW

— PA Dugout (@PAdugout) January 3, 2018

"Their ranking is a reflection of the club's professionalism and a sound business model. The position of financial strength means Arsenal could invest significantly should the hierarchy of the club choose to change their business strategy." Liverpool are 16th on the list, while 2016 Premier League champion Leicester City are 20th. French giant Paris Saint-Germain, who broke the transfer record to sign Neymar last summer, are third ahead of Chinese side Guangzhou Evergrande. Real Madrid are sixth with their La Liga rival Barcelona only 13th.TOP 201. Man City 2. Arsenal 3. PSG 4. Guangzhou 5. Tottenham 6. Real Madrid 7. Man Utd 8. Juventus 9. Chelsea 10. Bayern 11. Zenit 12. Leipzig 13. Barcelona 14. LA Galaxy 15. Atletico 16. Liverpool 17. Dortmund 18. Lyon 19. Monaco 20. Leicester