Millionaire Revenue Barrier of Manchester City Break 500 Millions

Manchester City Break 500 Million Pounds Income Barrier

The English champions Manchester City recorded record revenue of 500.5 million pounds ($ 652 million) in a record campaign 2017/18 on the pitch as the men of Pep Guardiola reached the Premier League title by accumulating 100 points. The city reported earnings of 10.4 million pounds, a fourth consecutive year of profitability, and the salary / income ratio fell to 52 percent.

"Our trip is not complete and we have more goals to accomplish," said President Khaldoon Al Mubarak, who recently celebrated a decade since a takeover of power backed by Abu Dhabi transformed the fortunes of the city.

"There should be no doubt that we are waiting for the challenges of the new season and those who are beyond with equal commitment and determination to the 10 seasons that came before."

Before the takeover of Sheikh Mansour, the City's revenue was just 87 million pounds for the 2007/08 season.

Huge losses of more than 584 million pounds followed during the first six years of his property due to massive investment in equipment and gaming facilities, including the Etihad Campus training ground of 200 million pounds.

However, the growing television revenues, commercial sponsors and regular football of the Champions League mean that City is now only behind local rivals Manchester United and the European powers Barcelona, ​​Real Madrid and Bayern Munich for revenue , according to football finance specialists Deloitte.