After a careful analysis by a football finance study group during the week, Manchester City have overtaken Manchester United as the most valuable Premier League club.
City are valued at £2.364bn, up £385m, while United are valued £2.087bn, a drop of £376m blamed on “higher wages and lower profit”.
Overall, the study by the University of Liverpool’s Centre for Sports Business Group, found the cumulative value of the league’s clubs is £14.7bn, a 1.6% drop.
The two Manchester clubs are the only two valued at more than £2bn in the study for the 2017-18 season.
Spurs (£1.837bn), Liverpool (£1.615bn) and Chelsea (£1.615bn) have seen big rises but Arsenal dropped to £1.368bn without Champions League football.