Ever since Manchester City was taken over by Abu Dhabi United Group in 2008, many critics have attributed the club’s resounding success over the years to simply having deep pockets.
Although the Sky Blues often put their finances to good use by building a track record of turning highly rated talent into global superstars, criticism of their major investments has continued to this day.
After being crowned Premier League champions for the fourth time in the last five seasons, Ferran Soriano has drawn parallels with Manchester United, who have also spent lavishly in recent years but to no avail.
“If you look at the income of English clubs, the biggest earner is Manchester United: they earn £100m more than City, Liverpool and Chelsea.“, he told Catalan radio RAC1, as translated and relayed by Paul Hirst and Pol Ballus of The Times.
“We have no more money. In fact, we have less!”
The city CEO continued: “How much money have United spent in recent years and how much have City spent?
“If you analyze it, you’ll see that United have spent more, and City have won 11 titles in recent years and United one or two, and no league titles..”
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Intercity rivals City have racked up net spending of around €1billion over the past decade, with their last league title dating back to Sir Alex Ferguson’s last campaign as manager in the 2012/13 season .
On the other hand, City’s heavy investment has translated to success on the pitch, as they have been England’s most successful club since their wealthy owners were introduced.
Soriano draws a great comparison between the two Manchester clubs, pointing out that how a team in question uses their funds is what ultimately determines their success.
The Blues will not stand still and their recent acquisition of Erling Haaland further accentuates their dominance.