Valencia boss Emery: Man City now more powerful than Real Madrid
"On a worldwide scale the only comparison has been Real Madrid, but City have even gone beyond that now," he said.
"They are creaming off some of the biggest players in the world. The investment has bought them a squad of great players and now they are definite contenders to win the title in England.
"It takes more than just investment of course but certainly in the Premier League I would regard them as being at the same level as both Chelsea and Manchester United."