Valuations as of 28 October 2026198 clubs · 10 leaguesFCV 92 (English league clubs) £32.87bnMethodology v1.1

Premier League · England · valued 28 October 2026

Manchester City valuation

The FCV Index values Manchester City at £3.92bn as of 28 October 2026, with an indicative range of £3.33bn–4.51bn (data grade A). That ranks Manchester City #3 in the Premier League and #6 of the 198 clubs in the index. Its FCV Desirability score is 80 out of 100 (#9 of the 92 English league clubs).

FCV live enterprise value
£3.92bn
Range £3.33bn–4.51bn
Grade A: Built from the club's latest filed accounts (Companies House)

Key figures

Live enterprise value
£3.92bn
Indicative range
£3.33bn–4.51bn
Data grade
A (±15%)
Rank in Premier League
#3 of 20
Rank in FCV Index
#6 of 198
Latest revenue
£694m
Revenue source
Companies House filed accounts
Adjusted revenue multiple
6.11x
Squad value (estimate)
€1250.0m
Stadium capacity
61,038
Stadium ownership
Long lease
Academy
Category 1
Owner
City Football Group (ADUG)
Net debt (filed)
not confirmed
Indicative equity value
n/a

This season

21 points from 8 games; expected finish 2.0. Value in each end-of-season outcome, with FCV's simulated probability:

Stays£3.92bn · 100%
Relegated£557m · 0%

How the value is built

Revenue approach: forward revenue of £722m × adjusted multiple 6.11x = £4.41bn.

Asset approach: realisable squad value, stadium (if owned) and training ground = £920m.

The two are blended with a weight set by division, then adjusted by the club's desirability premium of +2.7%, giving £3.92bn if the club stays in the Premier League. The live value weights each season outcome by its probability. Full methodology.

Desirability

FCV Desirability score
80/100
#9 of the English 92 · range #6–#9
Premier League median 72 · value effect +2.7%

Manchester City scores 80 out of 100 on the FCV Desirability Index, #9 of the 92 English league clubs (between #6 and #9 under different weightings). That is above the Premier League median of 72, which gives a premium of +2.7% on the club's value.

The score measures what buyers pay for beyond the accounts. It is built from 18 public measurements in six pillars. How the Desirability Index works.

Pillars (0–100; marker = Premier League median)

Heritage and lore80
Global recognition96
Fanbase depth93
Catchment56
Location and access55
Momentum55
Top-flight seasons
97 (last 2025-26)
Major honours
10 league titles, 8 FA Cups, 9 League Cups, 1 European Cups, 1 Cup Winners' Cups
Wikipedia languages
118
Wikipedia views, 24 months
7,190,135
Average attendance 2023-25
52,833
Population within 30 km
4.0m
Distance to London
261 km
Nearest major airport
Manchester, 15 km

Filed accounts

Latest accounts filed at Companies House by company 00040946 (company accounts). Figures in £ millions; some older filings are scanned documents read by OCR.

Year end
2025-06-30
Turnover
£694m
Turnover, prior year
£715m
Staff costs
n/a
Operating result
-£93.3m
Profit on player sales
£95.2m
Profit before tax
-£9.9m
Net assets
£858m
Cash
£174m
Borrowings identified
n/a

View the filing history at Companies House

Questions

How much is Manchester City worth?

The FCV Index values Manchester City at £3.92bn as of 28 October 2026, with an indicative range of £3.33bn–4.51bn (data grade A). That ranks Manchester City #3 in the Premier League and #6 of the 198 clubs in the index. Its FCV Desirability score is 80 out of 100 (#9 of the 92 English league clubs).

How much would it cost to buy Manchester City?

The FCV Index estimates enterprise value at £3.92bn, before debt. The price for the shares depends on the club's net debt, which FCV has not yet confirmed from filed accounts.

Who owns Manchester City?

FCV records the owner as City Football Group (ADUG). Check the club's filings at Companies House or the relevant national registry for the current shareholding.

How is Manchester City's value calculated?

FCV blends a revenue approach (forward revenue of £722m × an adjusted multiple of 6.11x) with a realisable-asset approach (squad, stadium and training ground, £920m), then weights the values if the club is promoted, stays or is relegated by probabilities from a 20,000-run season simulation.

How desirable is Manchester City to a buyer?

Manchester City scores 80 out of 100 on the FCV Desirability Index, #9 of the 92 English league clubs (between #6 and #9 under different weightings). That is above the Premier League median of 72, which gives a premium of +2.7% on the club's value.

How often is the valuation updated?

Live values are recalculated after every round of matches, and the financial inputs are updated when clubs file new accounts.

Premier League valuations

#ClubLive valueRangeGradeDesirabilityLatest revenue
1LiverpoolFenway Sports Group£4.34bn£3.69bn–4.99bnA83£703m
2ArsenalKroenke Sports & Entertainment£4.21bn£3.58bn–4.84bnA88£692m
3Manchester CityCity Football Group (ADUG)£3.92bn£3.33bn–4.51bnA80£694m
4Manchester UnitedGlazer family / INEOS (Ratcliffe)£3.81bn£3.24bn–4.38bnA86£678m
5Tottenham HotspurENIC (Lewis family trusts)£2.92bn£2.48bn–3.36bnA86£565m
6ChelseaBlueCo (Boehly/Clearlake)£1.93bn£1.64bn–2.22bnA81£491m
7Aston VillaV Sports (Sawiris/Edens)£1.49bn£1.27bn–1.72bnA83£378m
8Newcastle UnitedPIF£1.36bn£1.15bn–1.56bnA75£335m
9Brighton & Hove AlbionTony Bloom£812m£690m–934mA62£243m
10EvertonThe Friedkin Group£612m£520m–704mA81£197m
11Crystal PalaceParish / Harris / Blitzer / Woody Johnson£558m£475m–642mA67£195m
12Nottingham ForestEvangelos Marinakis£551m£469m–634mA71£222m
13SunderlandKyril Louis-Dreyfus£515m£438m–592mA73£39.4m
14Leeds United49ers Enterprises£505m£429m–580mA68£137m
15FulhamShahid Khan£497m£423m–572mA69£195m
16BournemouthBlack Knight (Bill Foley)£494m£420m–568mA52£182m
17BrentfordMatthew Benham£479m£407m–551mA57£173m
18Ipswich TownGamechanger 20 (ORG)£285m£242m–328mA64£155m
19Hull CityAcun Ilicali£214m£182m–247mA48£25.8m
20Coventry CityDoug King£190m£162m–219mA69£34.1m

Cite or reuse this valuation

FCV Index, Manchester City valuation as of 28 October 2026, https://footballclubvaluations.com/clubs/manchester-city/