Manchester City announce Premier League record revenue of £712.8m
The Citizens have reported a Premier League record revenue of £712.8m, an increase of £99.8m on the last twelve months, which exceeds the previous record £648.4m posted by rivals Manchester United last month.
City have also reported profits of £80.4m, which has increased by almost double that of the previous year's club record of £41.7m.
The figures revealed come on the back of a historic treble-winning season under manager Pep Guardiola, who successful steered the club to a third successive Premier League title – fifth in six seasons – a seventh FA Cup and a first-ever triumph in the Champions League – becoming just the second English club after Man United in 1999 to win all three trophies in the same season.
Man City, who surpassed Real Madrid be named the most valuable football club brand in the world and top the 2023 Brand Finance Football 50 Report earlier this year, have seen significant year-on-year growth with their three main income streams of commercial, broadcast and matchday.
Not only has the men's team excelled across the board, but City have also seen a sizable increase in ticket sales and the average attendance for all games for the women's team and at youth level with their Elite Development Squad and Under-18s, who won their respective league titles for a third consecutive year in 2022-23; several titles were also won at younger youth levels all the way down to their Under-9s.
In addition, Man City have reported another year of social media and membership growth as well as their best-ever year for TV viewing figures, with the club's total audience
Read on sportsmole.co.uk
