Manchester City Football Club has been named the most valuable team in world football, according to the latest report from Deloitte. The English Premier League side is valued at $1.2 billion (approximately Rs 8564 crore), making it the most expensive team in the world.
The ranking comes as a surprise to many fans who were expecting other European giants like Real Madrid and Barcelona to be at the top of the list. However, Manchester City's impressive performance on the field and their strong brand value have earned them the top spot.
According to the report, Manchester City's value has increased by 17% since last year's ranking. This increase can be attributed to the club's success in winning the Premier League title for the fourth consecutive season, as well as their impressive performances in the UEFA Champions League and Europa League.
Another factor that contributed to Manchester City's success is their brand value. The club has a strong presence across various platforms such as social media, merchandise sales, and partnerships with major brands. This has helped them build a loyal fan base, which is one of the key factors in determining a team's value.
In conclusion, Manchester City's success on the field and their strong brand value have made them the most valuable team in world football. Their dominance in the Premier League and their impressive performances in Europe have earned them the top spot, and they will undoubtedly continue to be a force to be reckoned with in the years to come.