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Manchester City report record revenue of £535m and £10.1m profit

:Headline: Manchester City report record revenue of £535m and £10.1m profit:
The Premier League champions' wage-to-revenue ratio stands at 59 per cent.
PA | 23d

Manchester City posted record revenue of £535million and a profit – £10.1m – for the fifth consecutive year, according to the club’s annual report.

Figures for the 12 months ending June 2019 show revenue above the £500m mark for the second successive year and it is understood the club expect that to rise to closer to more than £560m next year having signed a lucrative kit deal with Puma.

The club’s wage-to-revenue ratio stands at 59 per cent.

“This outcome represents not just a season, but a decade of hard work,” said chairman Khaldoon Al Mubarak, with the club in its second decade of ownership under Sheikh Mansour bin Zayed.

“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.”

“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”
- Manchester City chief executive Ferran Soriano

Chief executive officer Ferran Soriano believes the club are well placed to continue a sequence which saw them win three trophies last season and 10 major honours since 2012.

“We can all be sure that we will be focused, resilient and consistent in our approach,” he said.

“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.”

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Premier League Table
TeamPWDLFAGDPTS
1Liverpool16151040142646
2Leicester CityLeicester16122239102938
3Manchester CityMan City16102444192532
4Chelsea169253124729
5Manchester UnitedMan Utd166642519624
6Wolverhampton WanderersWolves165922319424
7Tottenham HotspurSpurs166553023723
8Sheffield UnitedSheff Utd165741916322
9Arsenal165742424022
10Crystal Palace166461418-422
11Newcastle UnitedNewcastle166461723-622
12Brighton & Hove AlbionBrighton165472024-419
13Burnley165382129-818
14Everton165291928-917
15Bournemouth164481824-616
16West Ham UnitedWest Ham164481828-1016
17Aston Villa164392328-515
18Southampton164391835-1715
19Norwich CityNorwich1632111734-1711
20Watford16169930-219
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Premier League Table
TeamPWDLFAGDPTS
1Liverpool16151040142646
2Leicester CityLeicester16122239102938
3Manchester CityMan City16102444192532
4Chelsea169253124729
5Manchester UnitedMan Utd166642519624
6Wolverhampton WanderersWolves165922319424
7Tottenham HotspurSpurs166553023723
8Sheffield UnitedSheff Utd165741916322
9Arsenal165742424022
10Crystal Palace166461418-422
11Newcastle UnitedNewcastle166461723-622
12Brighton & Hove AlbionBrighton165472024-419
13Burnley165382129-818
14Everton165291928-917
15Bournemouth164481824-616
16West Ham UnitedWest Ham164481828-1016
17Aston Villa164392328-515
18Southampton164391835-1715
19Norwich CityNorwich1632111734-1711
20Watford16169930-219
Scroll for more - Tap for full version
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