Manchester City reveal record revenues as they release annual report

Manchester City have announced their annual revenue for 2021. City hit £569.8m in revenues for the last season, up 19 per cent from the previous season and their highest ever total, as they also returned to profitability with a profit of £2.4m. Even though matchday income was down by 98% owing to the club being unable to welcome fans through their turnstiles until the final day of the Premier League campaign, when 10,000 watched them lift the trophy after beating Everton 5-0, the club were able to compensate for that loss by a major increase in broadcast revenues. As the team is enjoying a successful year on the pitch, CEO Ferran Soriano believes that the club are through the worst of the disruption caused by the Covid-19 challenge.

"We are hopeful that the pandemic-related challenges from the last two seasons will continue to subside, as we keep working tirelessly towards our objectives," he said.   "And while we cannot dismiss the pain of missing out on the trophy in Porto at our first ever UEFA Champions League final, we must also pause to savour the fact that Manchester City has won three of the last four Premier League titles, and are now looking ahead to what we can do to achieve even greater success in the next stage of our journey."

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