FOOTBALL: MAN CITY ANNOUNCE RECORD PREMIER LEAGUE REVENUE

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Last season, Manchester City’s income reached £715 million ($903 million), setting a new record for a Premier League team.

The city’s income increased from £712.8 million to the new high for the year ending June 30 as they swept to an incredible fourth consecutive Premier League victory last season.

But last season’s revenues dropped from £80.4 million in City’s treble-winning 2022–2023 season to £73.8 million.

The failure of Pep Guardiola’s team to duplicate their run to win their first Champions League title in 2023 resulted in a decline in their broadcast revenue.

One of City’s ongoing projects is the £300 million extension of the Etihad Stadium’s north stand.

Chairman Khaldoon Al Mubarak said in the club’s annual report: “Our constant ambition to target and achieve the unprecedented is a mark of the organisation that we have become.

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

“Our focus remains on further evolution and growth and therefore further value creation in all aspects of our business.”

Beaten by Juventus in the Champions League on Wednesday, City face Manchester United in the Premier League on Sunday as they try to halt a damaging run of one win in 10 games in all competitions.

They are in danger of failing to make the Champions League last 16 and sit eight points behind Premier League leaders Liverpool after their shocking slump.

City are awaiting a decision on the 115 charges of alleged breaches of financial rules brought against them by the Premier League.

The club, who have strongly denied the charges, could face a points deduction or even relegation from the top-flight if they are found guilty.

AFP