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Monday, December 23, 2024

Man City break record Premier League revenue in 2023/24 financial accounts


Manchester City have confirmed a record Premier League revenue of £715m for the 2023/24 season, smashing their own record from the previous campaign in the process.

City recorded revenue of £712.8m in 2022/23 but have managed to increase that sum by an extra £2.2m to record the highest ever revenue for a top-flight team England

It also reported an overall pre-tax profit of £73.8m, expanding cityThe streak of profitable years dating back to the 2014/15 season, ignoring 2019/20 affected by Covid.

“Our constant ambition to drive and achieve the unprecedented is a hallmark of the organization we have become,” said Chairman Khaldoon Al Mubarak.

“On and off the field, our passion for the next challenge is based on deliberate, detailed planning and a shared belief in the culture of collaborative learning we have built.

“This organizational approach is now part of our DNA. It is a product of the unwavering focus on continuous improvement, in all aspects of the organization, that has been in place since His Highness Sheikh Mansour became the custodian of the Club in 2008”.

The next round of record revenue comes shortly after the hearing A long list of financial charges against the City was concluded.

The Premier League has charged City with more than 100 breaches of financial regulations and are expecting a verdict on the case in the coming weeks, although a likely appeal by whichever side comes out on the losing end is likely to delay the final result well in. 2025.

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