Man City report record Premier League revenues / Photo: Marco BERTORELLO - AFP/File
-
Palestinian activist Khalil returns to Columbia after US detention
-
In tight Israel vote, both camps hold out cautious hope
-
Trump drastically loosens oil and gas methane rules
-
AI chip giant SK hynix says quarterly operating profit soars 630%
-
French Senate weighs bill to make protesters pay for unrest damage
-
Youths testify about 'despair' in unprecedented Canadian climate trial
-
'A very sad day': Arteta despair as Arsenal stunned by Fleetwood
-
Syria, Jordan agree to mend ties after deadly strike
-
Charles tackles thorny legacy of slavery on Caribbean trip
-
Arsenal stunned by fourth-tier Fleetwood in League Cup
-
Former Grand Slam winner Wawrinka ends tennis career
-
Last-gasp Sabitzer strike sends Dortmund past Bremen in German Cup
-
Brazil's Flavio Bolsonaro flees to US after election loss
-
Rights groups reject Emirati diplomat for UN top job
-
'Faerie' nights: 'ACOTAR' fans finally get their book
-
Flavio Bolsonaro headed to US after Brazil election defeat: US media
-
American woman convicted of getting military training from Islamic State
-
Alcaraz and Zverev win Vienna openers
-
Israel opposition holds narrow edge over Netanyahu in first projections
-
Tech firms gain ahead of Fed decision, results from AI giants
-
Floriani hits maiden goal as Lazio go top
-
Syria condemns deadly Jordan strikes as 'unacceptable violation'
-
Trump set to drastically loosen oil and gas sector's methane rules
-
England's Fin Smith in race against time to face Australia
-
Storied Paris department store seeks bankruptcy protection
-
UN nuclear watchdog chief urges Iran to grant access
-
Xhaka, Embolo can return to Swiss squad after fake Covid docs affair
-
Boeing shares tumble after it releases cautious growth forecast
-
Allegri suspended for two Serie A games after red card
-
Lula's re-election revives Brazil-US tensions
-
Flight data, satellite images reveal growing US role at Ecuador base
-
Carney moves to remake Canada alliances as US ties strained
-
McInnes feels 'guilt' ahead of Hearts return with Rangers
-
Serbia's students demand state media chiefs resign after poll win
-
Brazil's Lula turns 81, vows to work '24 hours a day'
-
Starc takes six as Australia fight back in South Africa decider
-
Boeing releases cautious growth plan as shares fall sharply
-
UK man offered drugged wife to strangers online for sex: court
-
Exiled Russian dissident Navalnaya warns dictators becoming 'more cunning'
-
Africa Ebola outbreak passes 10,000 cases, mostly in DR Congo
-
Bayern 'risk' reaps huge reward for Ballon d'Or winner Kane
-
EU pushes for more nations to pay to protect nature
-
Record turnout as Israeli voters deliver verdict on Netanyahu
-
Boeing reports smaller loss as it aims for stable output growth
-
Iraola says Isak 'feels the trust' after Liverpool scoring streak
-
Tech firms gain on Anthropic IPO optimism; HSBC slumps in London
-
French media protest manhandling of journalists at far-right party rally
-
Sri Lanka end England hopes with crushing win over Pakistan
-
EU seeks deportation powers for beefed up border agency
-
Dangote, Nigeria's oil tycoon rewriting Africa's story
Man City report record Premier League revenues
Manchester City announced record-breaking revenue of £712.8 million ($888 million) for their treble-winning season on Wednesday -- far outstripping the previous mark reported by Manchester United just last month.
The Premier League and European champions reported an increase of nearly £100 million in revenue for the 2022/23 financial year compared with the previous year as profits nearly doubled to £80.4 million.
United, who have been in City's shadow for a decade, announced a Premier League revenue record figure of £648.4 million in late October.
Pep Guardiola's men last season became the second English club after United in 1999 to win the Champions League, Premier League and FA Cup in a single season.
City, who topped Deloitte's 2023 Football Money League, received broadcast revenue in the year to June 30 of nearly £300 million, boosted by their success in Europe.
The club's wage bill rose by nearly £70 million to just under £423 million and they made a profit of almost £122 million on player trading.
However, the club's annual report mentioned the 115 charges issued against them by the Premier League in February under the "Risks and Uncertainties" section.
"The board acknowledges that there are a number of risks and uncertainties which could have a material impact on the club's performance," it said.
Introductory statements in the report from chairman Khaldoon Al Mubarak and chief executive Ferran Soriano made no reference to the charges.
Khaldoon said: "In the aftermath of the UEFA Champions League win in Turkey and the completion of 'The Treble' the question I was asked most often, was 'How do you top that?'
"The answer is by doubling down on the proven philosophies and practices that have brought us this success and to challenge ourselves to continue to constantly innovate in order to achieve new levels of performance both on and off the field.
"We will continue to question all the industry norms, we will evaluate our successes and learn from any failures. We will not be afraid to set new goals and develop new strategies that deliver for our club, its communities and stakeholders and especially for the fans."
City, chasing an unprecedented fourth English top-flight title, are top of the Premier League after 12 matches and have already qualified for the Champions League knockout stages.
P.Santos--AMWN