Manchester City Sets Premier League Profit Record!
Manchester City, a leading team in the English Premier League, has established a new profit record. In the 2022-2023 season, the club achieved a staggering £712.8 million in revenue and £80.4 million in profit, surpassing previous Premier League records.
Manchester City, a leading team in the English Premier League, has established a new profit record. In the 2022-2023 season, the club achieved a staggering £712.8 million in revenue and £80.4 million in profit, surpassing previous Premier League records.
The club announced this historic financial milestone on its social media account, highlighting its achievement of three trophies and back-to-back years of record-breaking revenue and profit.
Doubling Last Year's Figures
The report reveals a notable increase in the club's financial performance. "With revenue at £712.8 million and profit at £80.4 million, the club saw an increase of £99.8 million over the past 12 months. These figures nearly double the previous year's record of £41.7 million," the report said.
This financial success follows Manchester City's triumphant 2022-2023 season. They became the second English club, after Manchester United in 1999, to win the UEFA Champions League, the English Premier League, and the English FA Cup in the same season.
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