World's richest club? Manchester City

File this one under Holy Bloody Crap. Manchester City, a club that was in the third tier of English football not too long ago, is today the richest football club in the world, the fortune of their owners estimated at about $50 billion.

City wasted no time in flashing their newfound cash, offering about $200 million yesterday as they tried in vain to lure David Villa from Valencia and Mario Gomez from Stuttgart.

Soccer Source @ Sep 01, 2008 07:45 PM EST | Blog Profile

Tags: Manchester United, World Football, Micah Richards, Alex Ferguson, Sir Alex Ferguson, Tal Ben Haim, Martin Petrov, elano, Mark Hughes, Hotspur, Dimitar Berbatov, Mario Gomez, Vincent Kompany, pablo zabaleta, Glauber