#1 Manchester City (€ 1.346 billion)

Manchester City was always considered as the poor cousin of Manchester United. The fortunes of the club changed in 2008 when the club was bought by Sheikh Mansour. The club transformed forever and reshaped the top end of the English Premier League.
According to a report, the club has suffered losses of more than £ 500 million, but the club has done very well on the pitch. The performances on the pitch have translated to profits off the pitch as the popularity of club has soared. The value of the club has increased tenfold from 2008, as it is now valued at an incredible £ 2 billion.
They have won three leagues titles in the last six seasons. Pep Guardiola's men have already won Carabao cup this season and are in contention in other three competitions. The City project has shown no signs of slowing down, and the club can reshape the top end of UCL like they have done in the EPL.