Man City annual report reveals record revenue of £535m and £10.1m profit

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Man City annual report reveals record revenue of £535m and £10.1m profit
Man City annual report reveals record revenue of £535m and £10.1m profit

Manchester City posted record revenue of £535million and a profit – £10.1m – for the fifth consecutive year, according to the club's annual report. Figures for the 12 months ending June 2019 show revenue above the £500m mark for the second successive year and it is understood the club expect that to rise to closer to more than £560m next year having signed a lucrative kit deal with Puma. The club's wage-to-revenue ratio stands at 59 per cent. “This outcome represents not just a season, but a decade of hard work,” said chairman Khaldoon Al Mubarak, with the club in its second decade of ownership under Sheikh Mansour bin Zayed. “The organisation is now at a level of maturity that enables us to

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