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City Reports Record $903M Revenue Despite On-Field Struggles

The Premier League champions achieved historic financial results for 2023-24 but face challenges with profit declines, legal battles, and a recent slump in form.

  • Manchester City posted record revenue of £715 million ($903 million) for the 2023-24 season, driven by commercial and matchday income growth.
  • Profits fell by 8% to £73.8 million, attributed partially to reduced broadcasting revenue following an early Champions League exit.
  • The club is currently under investigation for 115 alleged breaches of Premier League financial rules, with a verdict expected in 2025.
  • On the field, City has struggled recently, sitting fourth in the Premier League table, eight points behind leaders Liverpool, and facing Champions League elimination risks.
  • Manchester City continues to invest heavily, including a £300 million expansion of Etihad Stadium, while maintaining a strong commercial focus.
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