Man City announce record revenue and profits

Manchester City have reported club record revenues of £613m and profits of £41.73m for the 2021-22 season.

It is the second highest revenue in English club history after Manchester United’s £627m in 2019.

Last season City won their sixth Premier League since the 2008 takeover by the Abu Dhabi United Group.

City’s revenue was up £43.2m on the previous year, when the majority of games were played behind closed doors because of the coronavirus pandemic.

“In 2008, we gave ourselves the target of exceeding the benchmarks that had been set by others within football; and in doing so, to also exceed the new standards we believed leading clubs would achieve in the time it would take us to catch-up,” said club chairman Khaldoon al-Mubarak.

“Our aim was clear – to one day be the club that set the benchmark for others. The statistics and results show that in many ways we are beginning to achieve our long-term ambition.”

The financial results for the period covering 1 July 2021 to 30 June 2022 also show profit on player sales of £67.6m, which the club says takes revenue from transfers to £250m over the last five years.

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