The Ligue 1 champions have dethroned their Premier League counterparts, while Manchester United have dropped out of the top 10
Paris Saint-Germain have usurped Manchester City as the club with the most financial power in world football, according to the latest
Bayern Munich are a distant third in the standings, while Tottenham and Real Madrid round out the top five.
Manchester United, meanwhile, have failed to make the top 10, dropping down to 16th, mainly due depreciation in squad value and an increase in cash debt.
The findings take into account a club's playing assets (A), tangible assets (B), cash in the bank (C), potential owner investment (D) and net debt (E) to give an overall Football Finance Index (FFI) score.
FFI looks at the performance of clubs in each of the five key variables identified, weighted against that variable’s percentage of the cumulative total.
FFI score for each team can be calculated as follows: (A) FFI Score + (B) FFI Score + (C) FFI Score + (D) FFI Score – (E) FFI Score.
Read on to discover the 40 most financially powerful clubs in the game today…
Katharine Lotze40New England Revolution
Players Value: €19.6m | Tangible Assets: €160m | Cash In Bank: N/A
Owner Potential Investment: €205m | Net Debt: N/A
FFI Score: 0.835
AdvertisementGetty39Fiorentina
Players Value: €251m | Tangible Assets: €0.918m | Cash In Bank: €8.1m
Owner Potential Investment: €141m | Net Debt: €61m
FFI Score: 0.838
Getty38Fulham
Players Value: €136m | Tangible Assets: €1.4m | Cash In Bank: €9.8m
Owner Potential Investment: €240m | Net Debt: €19.4m
FFI Score: 0.875
Getty37Spartak Moscow
Players Value: €106.6m | Tangible Assets: N/A | Cash In Bank: N/A
Owner Potential Investment: €264m | Net Debt: N/A
FFI Score: 0.878