Manchester City was listed in the Deloitte Football Money League at the end of the 2022–23 season, making it the football club with the second highest revenue in the world, approximated at €825 million.[9] In 2022, Forbes estimated the club was the sixth-most valuable in the world, worth $4.250 billion.[10][11] Manchester City are owned by City Football Group Limited, a holding company valued at £3.73 ($4.8) billion in November 2019 and majority-owned by the Abu Dhabi United Group.[12][13]

Manchester City received considerable financial investment both in playing staff and facilities following its takeover by Sheikh Mansour bin Zayed Al Nahyan through the Abu Dhabi United Group in August 2008.[5] This started a new era of unprecedented success, with the club winning the FA Cup in 2011 and the Premier League in 2012, both their first since the 1960s, followed by another league title in 2014. Under the management of Pep Guardiola, Manchester City won the Premier League in 2018, becoming the only team in the competition history to attain 100 points in a single season. In 2018–19, they won four trophies, completing an unprecedented sweep of all domestic titles in England and becoming the first English men's team to win the domestic treble.[6] This was followed by four consecutive Premier League titles in 2020–21, 2021–22, 2022–23, and 2023–24, as well as the club's first-ever Champions League final in 2021, which they lost to Chelsea. The 2022–23 season saw Manchester City win their maiden European Cup and complete the continental treblein the process, becoming the second English club to do so.[7] The club is ranked first in the UEFA coefficient standings as of 2023.[8]