Man City valuation revealed after official documents filed
Manchester City and its network of sister clubs would be valued at up to £6billion if they were to be put for sale.
That is according to ex-Everton, Aston Villa, and Aberdeen chief executive Keith Wyness, speaking exclusively to Football Insider, after City Football Group reported a loss of £291million.
That is an increase from the £122.3m pre-tax loss recorded in the 2023-24 season, with revenue also dropping from £933m to £888m.
City Football Group was founded in 2013 by Sheikh Mansour, who has invested heavily in Man City since his takeover of the club in 2008.
City Football Group worth up to £6bn
Everton’s former chief Keith Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs - doesn't think the losses recorded by City Football Group will have any financial impact on Man City.
Speaking on the new edition of Football Insider‘s Inside Track podcast, Wyness believes it would take "very serious" buyers to afford to takeover City Football Group.
He told Football Insider‘s Inside Track podcast: “I don't think it’s going to impact Man City. I've been thinking about this in detail and I think that while there are losses, and they've sustained the building and the cost of building this brilliant group of clubs that they've put together, they've done it a long time.
"And, of course, there's been a lot of money spent. But the value of that group together is probably easily dwarfing the amount they've spent now. They've probably created something that is worth more.
"I mean, if you were to sell Man City and the whole group, City Football Group together, the valuations, you're looking at probably, you know, five, six billion is the sort of range, you know, without going through it in detail, but you'd be looking at a very serious group.
"I don't think the cost is ever going to be unrecoverable. And therefore, they've been building something without money.”
Bernardo Silva transfer update emerges
Sources have told Football Insider that Juventus will struggle to sign Bernardo Silva if they miss out on Champions League qualification.
Juventus are among the clubs looking to sign Silva in the summer, but the 31-year-old would demand a big wage and a substantial signing-on fee.
PSG and Benfica are the other options for Silva to consider as he looks set to leave Man City after nine years at the club.