- Manchester City post record £500.5m revenue – a 44% increase in five years
- Profits of £10.4m in the Club’s fourth consecutive year of profitability.
- Wage/revenue ratio is 52%
- Full report includes all major Club activities and the 25+ records broken by the men’s team.
- The Club publishes a ‘Decade in Data’, a statistical report outlining City’s 10-year transformation since Sheikh Mansour’s take-over in 2008
Manchester City have broken through the £500 million revenue barrier for the first time.
The figure is beaten only by Manchester United, Barcelona, Real Madrid, and Bayern Munich in world football.
The club have also released details of a fourth consecutive year of profit after publishing their 2017-18 Annual Report.
On announcing the results, City Chairman Khaldoon Al Mubarak declared that: “Most of the developments visible today are the result of a carefully crafted strategy – one in which organic evolution has also been allowed to thrive”.
He added that “The 2017-18 season will go down in history because of the incredible football we all witnessed”
And also said: “We are filled with an extraordinary sense of pride in the hard work of Pep Guardiola, the players, and the staff who work tirelessly to support them.”
City won’t stop at last season’s record-breaking achievements, and have already started well this season with 10 points from a possible 12 in the league.
CEO Ferran Soriano commented that he was “proud of our performances and of the trophies won, but equally recognise the process by which they were achieved during a ‘remarkable campaign’.
Soriano added that: “Consistent domestic success and further development in the Champions League will be our focus in 2018-19 and the seasons to come.”