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.