Manchester City have significantly increased turnover and profits after winning the treble – although salary costs have also risen. How does it compare to FC Bayern?
Manchester City has also made its historic treble season a financial success. On Wednesday, the reigning Champions League, Premier League and FA Cup winners announced a new revenue record in English professional soccer. At 712.8 million pounds, the equivalent of around 818 million euros, it topped the record set by city rivals Manchester United in October with the equivalent of 744.33 million euros. Man City increased by around 115 million euros compared to the previous year.
Profits at the club led by coach Pep Guardiola almost doubled. It shot up from 47.9 to 93.3 million euros, although salary costs also increased by almost 80 million euros, not least due to the bonuses paid out in connection with the flood of titles. The substantial increase was due in part to TV revenue, which rose by around EUR 50 million compared to 2021/22, as well as transfer income of around EUR 140 million.
In terms of profit, ManCity also outperformed FC Bayern, which published its financial figures for the 2022/23 financial year on Sunday, but – unlike in 2021/22 – lagged behind the turnover of the German record champions: Munich had increased to 854.2 million euros (profit: 35.7 million euros).
Club boss al-Mubarak wants to top triple season
“After winning the Champions League in Turkey and completing the treble, the question I was asked most often was: ‘How can we top that? The answer is: by doubling down on the proven philosophies and practices that have brought us this success and challenging ourselves to constantly innovate to reach new levels of performance on and off the pitch,” ManCity boss Khaldoon al-Mubarak is quoted as saying. “Today’s success simply means further investment for tomorrow. Our financial health and our success on the pitch means that everyone associated with Manchester City can look forward to the future.”
However, that future could still include a penalty for potential breaches of the Premier League’s financial rules and, in theory, even a points deduction or even expulsion from the league. An independent commission is investigating a total of 115 potential breaches of the rules between 2009 and 2018. ManCity deny any wrongdoing.
