Roger Hampel
FOT: Manchester Evening News
In a sensational display of financial muscle, Manchester City, fresh from a triple-crown-winning season, is poised to obliterate the £700 million revenue threshold this year. This record-setting achievement will eclipse their long-standing local rivals, Manchester United's previous record.
Manchester United presently hold the record, having posted revenues of £627 million in the 2018-19 season. However, their reign at the top looks set to be short-lived. Despite projecting an increased income of between £630 and £640 million for the current season, it's Manchester City who are stealing the limelight.
The executives at the Etihad Stadium are optimistic that they will surpass the £700 million milestone, following an unparalleled season under the leadership of Pep Guardiola. The impressive revenue will largely be a combination of broadcasting rights, media deals, and commercial partnerships.
The Blue Moon's stunning performance in the Premier League, FA Cup, and Champions League has greatly contributed to their estimated £300 million earnings. While the anticipated total revenue may not exceed Barcelona's world record of £726 million set in 2020, City is banking on a substantial financial windfall following their European triumph in Istanbul.
Merchandising has also proven to be a key driver of the club's skyrocketing revenues. Manchester City's retail figures for the 2022-23 season have surged by 81%, and sales of their new home kit launched on May 19 have outperformed the previous season's sales by a whopping 84%.
Substantial prize money from their victories in Europe, the Premier League, and FA Cup also adds to the revenue pot. With television money and ticket sales factored in, their Champions League triumph alone netted a cool £113 million. Commercial revenues are projected to hit the £300 million mark, while matchday revenue is anticipated to be around £70 million.
Even though the sky-blue giants may rewrite the record books in world football next year, they still have a way to go to match the world's wealthiest sports organization, the NFL's Dallas Cowboys, who recently shattered the $1 billion revenue ceiling.
Despite this, Manchester City is set to retain their spot at the pinnacle of Deloitte's Money League for the third year running, increasing the financial gap between them and Real Madrid - the club they vanquished in the Champions League semi-final.
Source: DailyMail
Man City Ousts Man United with £700M Record Revenue.
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