Manchester City on Friday announced record-breaking revenues for the 2023/24 season which saw them enter the history books as the first English club to win four Premier League titles in a row.
According to the club's Annual Report, City's revenues increased to £715 million, with sustained profitability at £73.8 million.
The club’s three primary income sources – commercial, broadcast and matchday – all remained strong, the report said.
City enjoyed a record-breaking 2023, winning the Premier League, Uefa Champions League, FA Cup, Fifa Club World Cup and Uefa Super Cup.
They followed that up by retaining their Premier League crown in 2024 – becoming the first club to win the title for four consecutive seasons.
“Our constant ambition to target and achieve the unprecedented is a mark of the organisation that we have become," said City chairman Khaldoon Al Mubarak.
“On and off the field, our passion for the next challenge is underpinned by deliberate and detailed planning and a shared belief in the collaborative learning culture that we have built.
“This organisational approach is now part of our DNA. It is a product of the unwavering focus on constant improvement, in every aspect of the organisation, that has been in place since His Highness Sheikh Mansour became the club’s custodian in 2008.”
In June, Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, received Manchester City officials after the club won their historic fourth consecutive Premier League title.
City's chief executive officer, Ferran Soriano, added: “Our fourth consecutive Premier League title was an achievement that took Manchester City to a place no other English club has ever been.
“Winning the treble in the previous season did not generate any sense of complacency in our teams on or off the pitch. We understand very well that the relentless pursuit of beautiful football, operational excellence, and constant innovation requires hard work and resilience.”
The Annual Report also highlights several achievements which summarise an extraordinary year for the club.
Midfielder Rodri was rewarded for his excellence on the field with the Ballon d'Or, football’s most prestigious individual award.
City's youngsters also took home the FA Youth Cup and the women’s team qualified for the Uefa Champions League.
Investment in infrastructure remained a core focus for the club, with work commencing on the £300m expansion of the Etihad Stadium, as part of a wider project to develop a best-in-class fan experience and year-round entertainment destination at the Etihad Campus.
