Manchester City has followed its historic spend on team building with an epochal performance on the field.
Manchester City has earlier this year created a history for the highest ever spent on player transfers. The Premier League club has converted the best investment into best results with their third league title. The City Football Group-owned club has assured itself of the Premier League 2017-18 title with five matches to spare.
The streak was confirmed on Sunday after the second-placed arch-rivals Manchester United suffered a 0-1 home defeat at the hands of bottom-placed West Bromwich Albion. Manchester City had registered a 3-1 victory over Tottenham Hotspur earlier on Saturday and were confirmed as winners after the second-placed Manchester United dropped points at home on Sunday. The club has recorded an unassailable 87 points in 33 games so far.
Manchester City is the most expensive club in the history of club football. The club, according to CIES report, has been valued at a whopping $1.08 billion in terms of player transfer spending. PSG, in spite of a record $263 million world record transfer deal for Neymar, is $91m shy of the City club. PSG is valued at $991 million, ahead of arch-rivals ManU at $920 million.
The big bucks spent on player transfers in football not necessarily translate to success on the field. Pep Guardiola’s squad, however, has proved the spending wise. Since the club’s takeover by Abu Dhabi United Group Investment and Development Limited (stake owners in City Football Group) in 2008, the player transfer industry is till date experiencing the big financial muscles of the club.
City’s takeover from former Thailand Prime Minister Thaksin Shinawatra in a reported deal of £200 million had sparked various transfer “deadline-day” rumours like Man City’s attempt to gazump Manchester United’s bid to sign Dimitar Berbatov from Tottenham Hotspur for a fee in excess of £30 million.
With the wealth of the new owners, the club was able to sign Robinho from Real Madrid for a record transfer fee then of £32.5 million minutes before the transfer window closed in 2009. The latest signing was the acquisition of centre-back Aymeric Laporte from Atletico Bilbao for $81 million, which is the highest for the 2017-18 season.
The second highest transfer fee in the 2017-18 season was shelled out by the club for the Ligue 1 side’s Monaco FC player Benjamin Mendy.