Monday, November 25

Tag: Manchester City Revenue

This English Premier League Team Earn Record $652 Million Revenue in FY17/18
BUSINESS

This English Premier League Team Earn Record $652 Million Revenue in FY17/18

English champions Manchester City posted record revenues of 500.5 million ($652 million) in a record-breaking 2017/18 campaign on the pitch as Pep Guardiola's men romped to the Premier League title amassing 100 points. City reported profits of 10.4million, a fourth consecutive year of profitability, with wages to revenue ratio falling to 52 percent. "Our journey is not complete and we have more targets to fulfil," said chairman Khaldoon Al Mubarak, who recently celebrated a decade since an Abu Dhabi-backed takeover of the club transformed City's fortunes. "There should be no doubt that we are looking forward to the challenges of the new season and those beyond it with equal commitment and determination to the 10 seasons that came before." Before Sheikh Mansour's takeover, City's reve...