During the past 20 years, the author has watch China move from being a developing country into an industrial superpower
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Ranking 2008: 20 (Ranking 2007: N/A)
Revenues: €104.0 million ($133.7 million)
Revenue Sources: Commercial (22%), Game day (22%), Broadcasting (53%)
Since Abu Dhabi investors acquired the club in 2008, Manchester City has become known as "the world's richest football club." That may be so, but Manchester City has a long way to go before it challenges local rival Manchester United for the title of England's highest-earner. To improve City's chances, the club's Mideast investors already have forked out €112.5 million ($144.6 million) on new players and are expected to spend similar amounts in 2009 to lure some of the world's best talent to the Northern English city.