Manchester City FC

The Deloitte Money League report shows where Manchester City's finances sit compared to other big clubs in Europe.

Guardiola has been stressing the point for weeks, so when their recent successes are compared to other high-spending clubs he may have been trying to say that success is not simply down to how much money a club has. Interestingly, City's revenues were behind Liverpool's when it came to matchday and broadcasting incomes, but a significant proportion of commercial revenue (£316m compared to £233m) meant that the Blues' overall revenues came out on top. The point the manager has been trying to make is that, obviously City spend money, but they try to spend it wisely - and they are not the only club getting their chequebooks out. United had the highest wage bill in England in 2021/22 at £385m, and Liverpool spent £368m on wages last season. As City dominate the domestic picture, and continue to challenge for European honours, rivals will find any stick to beat them with - and money is often an easy winner. It was a marked increase on last year's revenue of £571.1m, and shows the progress being made off the field as well as the continued success on it.