Manchester City Post Record Revenue For 2018-19 Season
November 19, 2019
Manchester City have posted record revenues of £535.2m for the 2018-19 football season.
The Club won all four domestic trophies last season and also reported a profit of £10.1m, the fifth consecutive year in which they have made a profit.
Chairman Khaldoon Al Mubarak said of the report: “The organisation is now at a level of maturity that enables us to plan on multi-year cycles both in terms of our management of squads and more widely across the business. This strategic planning has allowed us to create an environment in which continued on-pitch success is both possible and likely, and financial sustainability is a reality.”
Al Mubarak also stressed the importance of being at the forefront of development, pledging to “continuously improve and innovate, be that on the pitch, commercially, in infrastructure development or in our service to fans and our community.”
City have made themselves one of the biggest names in football over the past decade, and producing revenue like this only further establishes their powerful position in world football.
Chief Executive Officer Ferran Soriano, added: “Victories are not accidents; they are the product of careful planning, consistent hard work and the acknowledgement of the need to stay humble and hungry. We can all be sure that we will be focused, resilient and consistent in our approach.”