City announce record revenue for 2023-24 season
By Ric Turner, Fri 13 December 2024 16:41
Revenue rose to £715m, with pre-tac profit of £73.8m
City announced record revenues of £715m in their 2023/24 accounts, with an overall pre-tax profit of £73.8m.
Commercial revenue rose slightly to £344.7m, with wages dropping by over £10m to £412.6m.
The Blues won an unprecendented fourth league title in a row during that period, as well as winning the Club World Cup and European Super Cup.
Chairman, Khaldoon Al Mubarak, said: “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.
“This organisational approach is now part of our DNA. It is a product of the unwavering focus on constant improvement, in every aspect of the organisation, that has been in place since His Highness Sheikh Mansour became the Club’s custodian in 2008.”
Chief Executive Officer, Ferran Soriano, added: “Our fourth consecutive Premier League title was an achievement that took Manchester City to a place no other English club has ever been.
“Winning the Treble in the previous season did not generate any sense of complacency in our teams on or off the pitch. We understand very well that the relentless pursuit of beautiful football, operational excellence, and constant innovation requires hard work and resilience.”
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