Man City reports record revenues in latest financial accounts but profits are down
Trending News
1 week, 3 days ago

Man City reports record revenues in latest financial accounts but profits are down

Associated Press  

MANCHESTER, England — Manchester City on Friday reported record revenues of 715 million pounds for the 2023-24 fiscal year. “The club’s three primary income sources — commercial, broadcast and matchday — all remained strong, reflecting the continued differentiation and impact of the club’s multi-decade strategic approach,” City said in a statement. City won a record fourth straight Premier League title last year and has been crowned English champion in six of the last seven years. But it is currently struggling on the pitch both domestically and in the Champions League, and City’s financial report comes against the backdrop of a hearing on alleged financial breaches.

English City Million  pounds  league  manchester  reports  latest  accounts  city  financial  premier  revenues  million  english  profits  soccer  hearing  man  record

History of this topic

Man City announce record Premier League revenue
1 week, 2 days ago

Man City announce record Premier League revenue

Deccan Chronicle  

Manchester City posted record revenues for a Premier League club last season as the champions' income increased to 715 million.As City marched to an unprecedented fourth successive Premier League title last term, their revenue rose from 712.8 million to the new record mark for the year to June 30.However, profits dipped from 80.4 million in City's treble-winning 2022-23 campaign to …

Defending Premier League champions Manchester City announce record revenue for 2023-24 season
1 week, 3 days ago

Defending Premier League champions Manchester City announce record revenue for 2023-24 season

Firstpost  

City’s record income for the 2023-24 season, however, did not translate to an increased profit, with Pep Guardiola’s side experiencing a drip from £80.4 million in City’s treble-winning 2022-23 campaign to £73.8 million last season. There was some good news in store for Manchester City fans in the middle of what has been a disastrous campaign so far with the …

Man City hearing into 115 Premier League charges concludes, verdict not before 2025 - reports
2 weeks ago

Man City hearing into 115 Premier League charges concludes, verdict not before 2025 - reports

The Hindu  

Manchester City’s long-awaited hearing into 115 breaches of Premier League rules has concluded, according to reports on Monday, but a verdict is not expected until 2025. City strongly denies any wrongdoing but faces severe sanctions if found guilty, including potentially being relegated from the Premier League. The English champion stands accused of 80 breaches of financial rules between 2009 and …

Manchester City vs Premier League case concludes as verdict awaited on 115 charges
2 weeks ago

Manchester City vs Premier League case concludes as verdict awaited on 115 charges

India Today  

Manchester City’s long-awaited hearing into allegations of 115 breaches of Premier League regulations has officially concluded, as reported on December 9. Manchester City has firmly denied all accusations, but if found guilty, the reigning Premier League champions could face significant penalties, including relegation from the league. Should the independent panel rule against City, the consequences could be severe - a …

Man City financial charges hearing to end this week as timeline for long-awaited outcome revealed
2 weeks, 4 days ago

Man City financial charges hearing to end this week as timeline for long-awaited outcome revealed

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The hearing comes from the February 2023 announcement that City had been …

Premier League: Man City has the spirit to weather the storm, says Dias
3 weeks ago

Premier League: Man City has the spirit to weather the storm, says Dias

The Hindu  

Defender Ruben Dias said Manchester City has the ability to recover from its rough patch, which saw the defending champion fall to its fourth consecutive Premier League defeat at Liverpool on Sunday. Goals from Cody Gakpo and Mohamed Salah gave Liverpool a 2-0 win at Anfield which left City 11 points behind Arne Slot’s side in fifth place. City, which …

Arsenal, Liverpool, Man United, Spurs reserve compensation claims if Man City found guilty of financial breaches- report
1 month, 1 week ago

Arsenal, Liverpool, Man United, Spurs reserve compensation claims if Man City found guilty of financial breaches- report

The Hindu  

Arsenal, Liverpool, Manchester United and Tottenham have reportedly lodged legal notices reserving the right to claim compensation if Manchester City is found to have breached Premier League financial rules. The clubs are reported to have been advised that the six-year statute of limitations could potentially date back to November 2018, when German magazine Der Spiegel first published allegations against City, …

Manchester City ruled to pay off hefty unpaid wages to Benjamin Mendy
1 month, 2 weeks ago

Manchester City ruled to pay off hefty unpaid wages to Benjamin Mendy

India Today  

Manchester City has been ordered to pay a significant portion of unpaid wages to former defender Benjamin Mendy, following a ruling by a UK employment tribunal on November 6. Mendy, who was accused of sexual assault and rape in 2021 and subsequently acquitted of all charges in January 2023, had filed a wage dispute case against the club, arguing that …

Jose Mourinho claims his Manchester United team could still win title ‘if Premier League punish Man City’
2 months ago

Jose Mourinho claims his Manchester United team could still win title ‘if Premier League punish Man City’

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Jose Mourinho joked that he could still win …

Manchester City DEFEAT the Premier League in legal challenge over rules about 'inflated' sponsor deals from companies linked to their owners - with a top-flight emergency meeting set for next week to
2 months, 2 weeks ago

Manchester City DEFEAT the Premier League in legal challenge over rules about 'inflated' sponsor deals from companies linked to their owners - with a top-flight emergency meeting set for next week to

Daily Mail  

Manchester City today won a landmark legal victory against the Premier League after judges ruled that some of the competition's sponsorship rules are unlawful. Man City have won their legal challenge against the Premier League's sponsorship rules Pep Guardiola's side took legal action against these sanctions that they deemed as a form of 'discrimination' in February Mail Sport understands that …

'You Can't Just Buy The Premier League': Shaun-Wright Phillips Expounds on Manchester City's Continued Success
3 months ago

'You Can't Just Buy The Premier League': Shaun-Wright Phillips Expounds on Manchester City's Continued Success

News 18  

Success is synonymous with Manchester City. United’s shambolic demise and failed attempts to regain lost glory over the past decade, occurring in tandem with City’s meteoric rise to the top, only saw a mindless and clueless board oversee the hiring and firing of countless managers, within just the period of Guardiola’s tenure in City so far, with little to no …

Manchester City's hearing over 115 charges of alleged financial misconduct begins TODAY as football's trial of the century gets underway
3 months, 1 week ago

Manchester City's hearing over 115 charges of alleged financial misconduct begins TODAY as football's trial of the century gets underway

Daily Mail  

It is alleged that City breached financial rules between 2009 and 2018 The hearing into Manchester City's 115 charges of alleged financial misconduct will start today. The hearing into Man City 's 115 charges of alleged financial misconduct will start today Der Spiegel first published claims in November 2018 that City had breached FFP rules. Premier League charges include eight …

Man City’s 115 charges hearing begins today. Here’s what you need to know
3 months, 1 week ago

Man City’s 115 charges hearing begins today. Here’s what you need to know

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The long-awaited hearing into Manchester City’s alleged 115 …

Manchester City bosses told stars that they have 'NOTHING to worry about' as the club's trial over 115 charges of financial misconduct begins TODAY
3 months, 1 week ago

Manchester City bosses told stars that they have 'NOTHING to worry about' as the club's trial over 115 charges of financial misconduct begins TODAY

Daily Mail  

Ex-City star Laporte said they were reassured there was nothing to worry about Man City execs told their players the club would not lose 'the trial of the century' Manchester City bosses told their players the club would not lose the ‘trial of the century’ against the Premier League, which finally begins on Monday. The champions face 115 charges relating …

Manchester City Superstar Kevin De Bruyne Tops List of Highest Earners in History of Premier League
3 months, 1 week ago

Manchester City Superstar Kevin De Bruyne Tops List of Highest Earners in History of Premier League

News 18  

The Premier League is undoubtedly the most lucrative league in the world in terms of the quality, glamour and money around it. A recent report revealed the top combined earnings of every Premier League star in history and Manchester City star midfielder Kevin De Bruyne tops the mouth-watering list which also includes Raheem Sterling and Manchester United legends Wayne Rooney …

Man City hearing into 115 financial charges to begin next week
3 months, 1 week ago

Man City hearing into 115 financial charges to begin next week

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The long-awaited hearing into Manchester City’s alleged 115 …

Full breakdown of Man City's 115 financial rule-break charges ahead of trial which is set to begin on Monday
3 months, 1 week ago

Full breakdown of Man City's 115 financial rule-break charges ahead of trial which is set to begin on Monday

Daily Mail  

The charges date all the way back from 2009 and go all the way up until 2018 Manchester City's trial into their 115 charges for allegedly breaching the Premier League's financial rules is expected to get underway on Monday, September 16 according to ESPN. Manchester City - 115 FFP Charges Type of breach Number of charges relating to breach Start …

Manchester United’s losses rise despite a year of record revenues
3 months, 1 week ago

Manchester United’s losses rise despite a year of record revenues

Associated Press  

MANCHESTER, England — Manchester United reported losses of 113.2 million pounds in its latest accounts Wednesday for the year ending June 30, despite record revenues of 661.8 million pounds. The league’s profit and sustainability rules allow clubs to lose a maximum of 105 million pounds over a three-year period or face sanctions. New chief executive Omar Berrada was hired from …

Time for Man City’s case to resolve itself, says Premier League chief Masters
4 months, 1 week ago

Time for Man City’s case to resolve itself, says Premier League chief Masters

The Hindu  

Manchester City face 115 charges brought by the Premier League for alleged breaches of financial regulations, and the English top flight’s CEO Richard Masters said it’s now time for the case to be heard and answered. City were charged in February last year, with more than 100 alleged breaches of finance rules since their acquisition by the Abu Dhabi-City Football …

Man City are taking legal action against the Premier League – what does it all mean?
6 months, 2 weeks ago

Man City are taking legal action against the Premier League – what does it all mean?

New York Times  

Manchester City are opening a new front in their legal battle with the Premier League. However, City and Newcastle’s close links to state investment offer them a far deeper well — which is why rival Premier League clubs mobilised to close the loophole. “This could reverse the moves made to ensure that clubs operate within their means — something people …

What is Premier League’s reportedly new spending cap and how is Man City involved?
7 months, 3 weeks ago

What is Premier League’s reportedly new spending cap and how is Man City involved?

The Hindu  

Premier League clubs have reportedly agreed in principle to introduce a spending cap to limit the gap in financial muscle between sides at the top and bottom of the English top flight. The Athletic reported “the anchoring” plan will be capped at five times the lowest earning side receives via the Premier League’s broadcast deals. Critics of a cap on …

Chelsea splashed out over £75m on agents’ fees - most among Premier League teams this season
8 months, 1 week ago

Chelsea splashed out over £75m on agents’ fees - most among Premier League teams this season

The Hindu  

Chelsea has spent more than £75 million on agents’ and intermediaries’ fees during transfer deals, according to figures released by the Football Association on Friday. The data, which covered the 12 months to February 1, 2024, showed the total spend on agents by Premier League clubs was £409.59 million. Despite the outlay, Mauricio Pochettino’s expensively-assembled squad have endured an inconsistent …

Manchester United’s profit rises as club looks to Jim Ratcliffe for on-pitch success
9 months, 1 week ago

Manchester United’s profit rises as club looks to Jim Ratcliffe for on-pitch success

The Hindu  

Manchester United is looking to new co-owner Jim Ratcliffe to help “deliver success on the pitch”, it said on Tuesday, after broadcasting revenue from the lucrative UEFA Champions League boosted the club’s second-quarter profit. The Premier League club, which was knocked out of Europe’s top-tier competition late in the quarter, reported net income of 20.4 million pounds for the three …

Man City’s nervy win in league’s most one-sided fixture hints at weaknesses
9 months, 4 weeks ago

Man City’s nervy win in league’s most one-sided fixture hints at weaknesses

The Telegraph  

Hello and welcome to Telegraph Sport’s live, minute-by-minute coverage of Bournemouth v Manchester City. Since City beat Bournemouth 6-1 in the return fixture, they have played 14 Premier League games – and only two could be described as comfortable victories. In the rest City either a) didn’t win or b) had to come from behind and/or wait until the last …

English clubs’ financial power detailed in UEFA review of $25BN European football economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European football economy

The Hindu  

The financial power of English football was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. English clubs also accounted for 764 million euros of the collective pre-tax losses of 3.2 billion euros by European clubs in 2022. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — …

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy

Associated Press  

GENEVA — The financial power of English soccer was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — including sponsorship, stadium use, merchandise sales, international tours — of the record 7.8 billion euros total across Europe in 2022. …

Real Madrid are kings of football’s money league — but outside top 20, the English are coming
10 months, 4 weeks ago

Real Madrid are kings of football’s money league — but outside top 20, the English are coming

New York Times  

The story goes that the Premier League is inexorably grinding its European rivals into the dirt, hoovering up revenues and ruthlessly asserting its financial strength. The European establishment fights on and, as Deloitte’s Football Money League 2024 underlines with its publication today, the Premier League’s biggest clubs can still find continental opponents mining greater revenue streams. Then come the rest …

Manchester United cut profit forecast after UEFA Champions League exit, big blow to billionaire Jim Ratcliffe
11 months ago

Manchester United cut profit forecast after UEFA Champions League exit, big blow to billionaire Jim Ratcliffe

Hindustan Times  

Manchester United cut its annual revenue and profit forecasts on Wednesday, after the English Premier League club was knocked out of Europe's top tier Champions League tournament in the early stages this season. Broadcasting revenue for the first quarter of its financial year rose 12.3% to 39.3 million pounds, thanks to its participation in the group stage of the Champions …

Manchester City’s financial charges explained as Everton and Nottingham Forest accused of breaching spending rules
11 months, 1 week ago

Manchester City’s financial charges explained as Everton and Nottingham Forest accused of breaching spending rules

New York Times  

It is close to a year — 49 weeks and counting — since the Premier League handed Manchester City a charge sheet without precedent: 115 breaches of its financial rules across nine different seasons. As well as being charged with failing to disclose accurate financial information and managerial remuneration details during a period that began their rise to the summit …

Man City ends historic year on high and just behind EPL leaders. It gets worse for Man U
11 months, 3 weeks ago

Man City ends historic year on high and just behind EPL leaders. It gets worse for Man U

Associated Press  

MANCHESTER, England — After the greatest year in Manchester City’s history, Pep Guardiola’s players look hungry for another. Defending champion City ended a trophy-laden 2023 with a 2-0 win against Sheffield United in the English Premier League on Saturday. Our level is really good I would say and we are there.” City added the Club World Cup last week to …

Man City within 2 points of EPL leader Liverpool after beating Sheffield United
11 months, 3 weeks ago

Man City within 2 points of EPL leader Liverpool after beating Sheffield United

Associated Press  

MANCHESTER, England — Manchester City beat Sheffield United 2-0 and moved to within two points of English Premier League leader Liverpool on Saturday. All five trophies won over the past 12 months — the Premier League, Champions League, FA Cup, European Super Cup and Club World Cup — were on show ahead of kickoff against Sheffield United. The Spain midfielder …

Premier League: Man City innocent until proven guilty, says Guardiola
1 year ago

Premier League: Man City innocent until proven guilty, says Guardiola

The Hindu  

Manchester City is innocent until proven guilty of over 100 charges of breaking the Premier League’s financial rules, manager Pep Guardiola said on Friday. We wait, and after we accept the resolutions.” Everton’s punishment prompted an outcry from supporters of teams around the league who want City to face a similar penalty. “I’m not going to say one word about …

Mendy sues Man City over unpaid wages after rape charges
1 year, 1 month ago

Mendy sues Man City over unpaid wages after rape charges

The Hindu  

Former Manchester City defender Benjamin Mendy has sued the Premier League club over nearly two years of unpaid wages after he was charged with sexual offences in 2021, the player’s lawyer said on Monday. Mendy was found not guilty of one count of rape and one of attempted rape by a British court in July after being acquitted of six …

Benjamin Mendy suing Man City in ‘multi-million-pound’ claim over unpaid wages
1 year, 1 month ago

Benjamin Mendy suing Man City in ‘multi-million-pound’ claim over unpaid wages

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Benjamin Mendy is taking former club Manchester City …

City cashes in on success as treble doubles profits
1 year, 1 month ago

City cashes in on success as treble doubles profits

China Daily  

Manchester City's Champions League triumph in May contributed to the club's surge in broadcast revenue. The club, which has been majority owned by Sheikh Mansour since August 2008, earned revenues of 712.8 million pounds to June 2023, according to Manchester City FC Ltd's annual report, an increase of 99.8 million pounds over the previous season, along with a record net …

Man City post record annual income although potential breaches hang over club
1 year, 1 month ago

Man City post record annual income although potential breaches hang over club

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The club made a profit of £80.4m for the 2022-23 financial year, …

Man United manager Ten Hag has spent big and now the pressure is on to challenge Man City
1 year, 4 months ago

Man United manager Ten Hag has spent big and now the pressure is on to challenge Man City

Associated Press  

The stakes are higher for Erik ten Hag in his second season at Manchester United. While Ten Hag’s first season was a success on many levels, there were also blunt reminders of the work needed to be done to turn his team into a genuine Premier League title contender. Despite being repeatedly linked with a move for Harry Kane, Ten …

Manchester United expecting record annual revenue as takeover saga continues
1 year, 5 months ago

Manchester United expecting record annual revenue as takeover saga continues

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Manchester United have projected record annual revenue of …

Financial charges cast cloud over Man City’s dominance in English soccer
1 year, 7 months ago

Financial charges cast cloud over Man City’s dominance in English soccer

Associated Press  

MANCHESTER, England — Manchester City’s ruthless run to the Premier League title can be traced back to the morning of Feb. 6, when the club was hit with more than 100 charges of financial wrongdoing. “Otherwise people will say our time here is not complete.” City’s ongoing supremacy, however, is leading some to look again at the charges against it, …

How many times have Man City won the Premier League?
1 year, 7 months ago

How many times have Man City won the Premier League?

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Manchester City have won the Premier League for …

Manchester City’s £100 million man Grealish comes good to win over Guardiola
1 year, 7 months ago

Manchester City’s £100 million man Grealish comes good to win over Guardiola

The Hindu  

England’s most expensive ever player is beginning to live up to his price tag as Manchester City is getting the Jack Grealish it spent £100 million for after a frustrating first season at the Etihad. Pep Guardiola’s men are closing in on a potential treble of Premier League, Champions League and FA Cup titles with Grealish at the heart of …

Manchester City takes aim at Man Utd’s treasured treble
1 year, 8 months ago

Manchester City takes aim at Man Utd’s treasured treble

The Hindu  

Manchester United remains the only English club to have won the prized treble of Champions League, Premier League and FA Cup, but Manchester City are closing in on the same feat. Sheffield United is on the brink of securing a return to the Premier League next season, but it would be a huge surprise if the Championship side end City’s …

Premier League: Manchester City has smallest squad, claims Pep Guardiola
1 year, 10 months ago

Premier League: Manchester City has smallest squad, claims Pep Guardiola

The Hindu  

Manchester City manager Pep Guardiola claimed his squad depth is the lowest in the Premier League after Sunday’s victory over Aston Villa left his side just three points off the top. City has spent close to two billion pounds on players since Abu Dhabi’s Sheikh Mansour bin Zayed al-Nahyan became owner in 2008 -- winning six Premier League titles in …

Explained: What are Premier League’s charges against Manchester City? Has the club broken Financial Fair Play?
1 year, 10 months ago

Explained: What are Premier League’s charges against Manchester City? Has the club broken Financial Fair Play?

The Hindu  

The Premier League has charged Manchester City with alleged violations of its regulations, starting from 2009 and continuing into the current 2022-23 season. For every season from 2009-10 to 2017-18, Manchester City is alleged to have breached rules that require clubs to provide accurate financial information to give the league a “true and fair view” of the club’s revenues, including …

Man City hires Pannick as defence counsel over alleged financial rule breaches
1 year, 10 months ago

Man City hires Pannick as defence counsel over alleged financial rule breaches

The Hindu  

David Pannick, of Blackstone Chambers, will again defend Manchester City after the Premier League brought more than 100 charges against the football club for breaches of financial rules on Monday. City, the world’s highest revenue-generating club last season according to Deloitte, have been referred to an independent commission for alleged breaches of Premier League financial rules stretching from the 2009-10 …

Manchester City Hire Defence Counsel Over Alleged Financial Rule Breaches
1 year, 10 months ago

Manchester City Hire Defence Counsel Over Alleged Financial Rule Breaches

News 18  

David Pannick, of Blackstone Chambers, will again defend Manchester City after the Premier League brought more than 100 charges against the football club for breaches of financial rules on Monday. City, the world’s highest revenue-generating club last season according to Deloitte, have been referred to an independent commission for alleged breaches of Premier League financial rules stretching from the 2009-10 …

Did Manchester City cheat its way to the top of the Premier League?
1 year, 10 months ago

Did Manchester City cheat its way to the top of the Premier League?

Live Mint  

Soccer’s richest and most watched league challenged its defending champion on Monday with more than 100 charges of alleged financial wrongdoing and failures to cooperate with an investigation that took more than four years. Dozens of charges allege breaches of the league’s financial monitoring rules dating from 2009, or the first full season Man City was owned by the ruling …

How Manchester City came to face Premier League charges
1 year, 10 months ago

How Manchester City came to face Premier League charges

Associated Press  

GENEVA — The English Premier League vs. Manchester City: a legal fixture for the ages. Dozens of charges allege breaches of the league’s financial monitoring rules dating from 2009, or the first full season Man City was owned by the ruling family of Abu Dhabi. Thirty more charges relate to Man City’s lack of cooperation in the past five seasons …

Man City accused of misleading Premier League over finances
1 year, 10 months ago

Man City accused of misleading Premier League over finances

Associated Press  

Manchester City was accused by the Premier League on Monday of providing misleading information about its finances over a nine-year period when the club was attempting to establish itself as a force in English and European soccer following its takeover by Abu Dhabi’s ruling family. “As such we look forward to this matter being put to rest once and for …

Discover Related