Man City announce record revenue of over 30 billion!
On December 13, Manchester City Football Club announced its financial results for the latest season ending on June 30, 2024. It appeared that the Sky Blues had a record income of £715 million (30,745 million baht). Better than the best record ever made of £712.8 million (30,650.4 million baht). The team’s outstanding performance last season. Despite not being able to achieve a treble like the previous season, was the first team in history to win the ufabet https://ufabet999.app Premier League title four times in a row.
Wages expenses fell by £10.3m to £412.6m. While pre-tax profit hit a record £73.8m, with business revenue rising slightly from £341.4m to £344.7m.
Since the 2014-15 season, Man City have made a profit every season except for the 2019-20 season. Which was affected by the Covid crisis.
With such results, the Sky Blues are ready to add a large number of players in the transfer market after the team suffered from disappointing form, playing in the last 10 matches in all competitions, winning only one match.
However, the latest balance sheet has no bearing on the club’s fight against 115 allegations of financial misconduct against the Premier League. with the Daily Mail reporting that the investigation into the allegations has ended, with a trial now underway to determine whether the club will be punished or not.