He City of Manchester broke the revenue record of Premier League by generating 715 million pounds (861 million euros) in the 2023-2024 season. City broke its own record, dating from last season, when 2.78 million less attended. It registered an income worth 93.3 million dollars (112 million euros), which means they have earned income in every season since 2014-2015 except for 2019-2020, the busiest due to the pandemic.
In addition, City was able to reduce salaries by 12.6 million dollars, to 521 million, and made a profit of 117.3 million in the last two transfer windows thanks to the sales of players such as Julián Álvarez, Joao Cancelo and Liam Delap . That leaves City in a good position for the next winter window where Guardiola’s men, who have won just one of their last ten games, could look for a replacement for Rodrigo Hernández, who tore the cruciate ligament in his knee in September and will be out for the entire season.
These financial results come days after the trial for 130 financial irregularities in which the Premier League accuses it has ended. A verdict is expected in the first half of 2025, though appeals by either party could extend the trial into next season.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
