Manchester City have been ranked as the fifth richest football club in the world by the Deloitte Football Money League.

The Premier League leaders, owned by Abu Dhabi’s Sheikh Mansour, reported revenues of more than $646 million according to the report.

The rise of broadcast revenue to more than $279 million – making it the club’s largest revenue stream – helped City maintain fifth spot for a second successive year.

The report noted: “With reportedly significant commercial deals agreed with Gatorade and Amazon for 2017-18, it is clear that commercial revenue generation remains one of City’s priorities, but the impact of a strong season on-pitch, may well be the factor that could propel them even further up the Money League.”

Abu Dhabi-owned Man City worlds fifth richest club 2

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Neighbours Manchester United top the rankings with a value of more than $827 million, just ahead of Spanish giants Real Madrid; Barcelona and Bayern Munich are third and fourth, with City in fifth.