MANCHESTER CITY FC

The City of Manchester Stadium in Manchester, England

Founded in 1880 as St. Mark's (West Gorton), it became Ardwick Association Football Club in 1887 and Manchester City in 1894. The club's home ground is the City of Manchester Stadium in east Manchester, to which it moved in 2003, having played at Maine Road since 1923. In the early 2000s, Manchester City was purchased in 2008 by Abu Dhabi United Group for £210 million, receiving considerable investment. Manchester City has the fifth-highest revenue in football, at €527.7 million in 2016–17. Forbes magazine ranks it as the world's fifth-most valuable football club, worth US$2.08 billion. In 2015, a 13.79% stake purchase of the club's parent company, City Football Group (CFG), by the CITIC Group for £265 million valued it at $3 billion.