Manchester City now worth £7.5bn, says chairman Al Mubarak
Manchester City chairman Khaldoon Al Mubarak insists the club are now worth at least £7.5bn but that owner Sheikh Mansour has no intention of selling.
City have been the most successful English club of the last 10 years but have now gone two seasons without winning the Premier League title for the first time since 2017.
Football club valuations have rocketed since Abu Dhabi royal Sheikh Mansour acquired City in 2008, with Manchester United valued at £5bn when Sir Jim Ratcliffe invested in 2024.
“This club, when Sheikh Mansour first invested in it, the value was $100-120m back in 2008. Then over the years we’ve had multiple stop points where the value went from $120m to $1bn, the value of the Group [City Football Group] became $1bn,” said Al Mubarak.
“Then it became $2bn, then it became $3bn, then we had investors come in and actually invest in the club [Manchester City] at $3bn. We continued to grow the value of this business while always keeping the profits and the revenue in the business because that helps to keep growing this value that we’re creating.
“Then we went up to $5bn and then more money came in, investors buying into this strategy, buying into this value creation and putting money into it. And again, Sheikh Mansour took a very important choice which was that the money stays in because we’re going to keep building this.
“And this went up from $5bn to $6bn, to $7bn, to north of $8bn. If you’re going to sell all this today in the market, you wouldn’t sell it for less than $10bn minimum. That’s value creation.”
City are at something of a fork in the road following the conclusion of Pep Guardiola’s glorious 10-year reign as manager at the end of last season.
Speaking to City’s in-house media in a traditional end-of-season interview, Al Mubarak said Sheikh Mansour remained a committed owner.
“There’s no intention to sell. There’s only intention to keep growing this because the view here is this will only grow and this is a beautiful business to own,” he added.
“It’s football and it’s entertainment. And in the world we’re in today, while the world changes and people’s attention goes to different things, sport stays. And football within sports is the pinnacle.
“And Manchester City and this Group within the football world is a pinnacle. And these sorts of jewels, you don’t sell.”