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Manchester City announce record revenue figures

:Headline: Manchester City announce record revenue figures: ID:191543: from db_amp
Premier League champions Manchester City announce record revenue figures in their latest financial report.

Manchester City have announced that the club has made over £300m in revenue for the first time in its history.

The Premier League champions generated £347m in income during the 2013-14 financial year, according to figures released today. City made £271m in 2012-13.

Meanwhile, the club has posted an overall loss of £23m, which includes £16m in Financial Fair Play fines. Those figures have been halved compared to the previous year.

City are expected to announce a profit when they release their figures next year.

"We have moved beyond the period of heavy investment that was required to make the club competitive again," chairman Khaldoon Al Mubarak told the club's official website. "It is commercial growth of the kind we are seeing today that will underpin and support our operations in the future."

The Blues continue the defence of their Premier League title tonight when they make the trip to Sunderland.

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2Manchester CityMan City127232217523
3Chelsea126422314922
4Arsenal126422112922
5Brighton & Hove AlbionBrighton126422116522
6Tottenham HotspurSpurs1261527131419
7Nottingham ForestNott'm Forest125431513219
8Aston Villa125431919019
9Fulham125341717018
10Newcastle UnitedNewcastle125341313018
11Brentford125252222017
12Manchester UnitedMan Utd124441313016
13Bournemouth124351617-115
14West Ham UnitedWest Ham124351519-415
15Everton122551017-711
16Leicester CityLeicester122461523-810
17Wolverhampton WanderersWolves122372028-89
18Ipswich TownIpswich121651323-109
19Crystal Palace121561017-78
20Southampton121110924-154
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