Manchester City break £500m revenue barrier in Premier League-winning season - News Summed Up

Manchester City break £500m revenue barrier in Premier League-winning season


Manchester City won the Premier League by a record 19 points last seasonManchester City chairman Khaldoon Al Mubarak says the club's journey "is not complete" despite reporting revenues in excess of £500m last season. City's annual report, to 30 June 2018, confirms they are the second English club to break the £500m barrier. The club reported a profit for the fourth successive season, this time of £10.4m and a wage-revenue ratio of 52%. The healthy financial report comes four months after City won the Premier League by a record 19 points. Now, only Real Madrid, Barcelona, Bayern Munich and Manchester United generate greater income than City, who have increased the capacity of the Etihad Stadium to 55,000.


Source: BBC September 13, 2018 13:52 UTC



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