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Manchester City announce record revenue figures and third consecutive year in profit

Manchester City Football Club have shared their annual report for the 2016/17 season and they show record revenues of £473 million. On top of that, the club is in profit for a third successive year, generating around £1.1 million.

On the official club website, Manchester City posted:

Manchester City’s revenue figure was a Club record-breaking £473 million for the 2016-17 season, an increase of 21% from the previous period. The two major contributory factors to this growth were a 23% increase in commercial revenue and a 26% increase in broadcasting revenue.

Total profit was £1.1 million, over an adjusted 13-month period, resulting from a year-end change from 31 May to 30 June.

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