Manchester Metropolis posts file revenues

Manchester Metropolis reported file revenues of £715million final season – however earnings fell in comparison with the earlier 12 months.

For the 2023/24 season, when Pep Guardiola’s facet received an unprecedented fourth consecutive Premier League title, revenues rose from £712.8m to £715m for the yr ending June 30.

Nonetheless, earnings fell from £80.4m in Metropolis’s treble season to £73.8m, with broadcast revenues falling as a result of Guardiola’s facet not making the ultimate of the Champions League.

Metropolis’s present investments embrace a £300million extension to the North Stand on the Etihad Stadium.

Chairman Khaldoon Al Mubarak stated within the membership’s annual report: “Our fixed ambition to goal for and obtain unprecedented issues is a trademark of the group we now have grow to be.

“On and off the sector, our ardour for the following problem is supported by deliberate, detailed planning and a shared perception within the collaborative studying tradition we now have constructed.

“We stay targeted on persevering with to evolve and develop and due to this fact create worth in all points of our enterprise.”

Metropolis are awaiting a choice on greater than 100 fees of alleged monetary rule breaches introduced towards them by the Premier League, of which solely transient point out was made within the monetary report. The membership has denied all accusations.