Reporter | Yang Yuman
On November 15, 2023 Beijing time, Premier League powerhouse Manchester City announced their financial results for the 2022-2023 season. The report shows that the club's total revenue for the 2022-2023 season was £ 712.8 million, an increase of £ 99.8 million compared to the previous season. Among them, the team's profit reached 80.4 million pounds.
The 2022-2023 season can be considered one of the most successful seasons in the history of Manchester City clubs.
Under the leadership of Guardiola, Manchester City won the English Premier League, English FA Cup, and Champions League championships in one fell swoop, not only achieving the English Premier League defense and FA Cup victory, but also dominating the Champions League for the first time.
Manchester City also became the second team to win the English Premier League, FA Cup, and Champions League "treble" after Manchester United in 1999.
With multiple prestigious trophies in hand, Manchester City naturally doesn't have to worry about revenue. Winning the Premier League championship directly brought in £ 160 million in revenue for Manchester City, and winning the Champions League also earned them £ 100 million.
In late October of this year, another traditional powerhouse in the English Premier League, Manchester United, announced that the club broke their own record of £ 627 million set in the 2018-2019 season with a revenue of £ 648.4 million.
Nowadays, the record of the 'Red Devils' legion has been rewritten by' Blue Moon 'Manchester City in less than a month.
Manchester City has become the first team in the history of the English Premier League to break the annual revenue barrier of £ 700 million, which is close to the world record set by the powerhouse Real Madrid, which was € 843 million or approximately £ 734 million.
According to Manchester City's financial reports, the club's revenue mainly comes from three major sectors, namely sponsorship and transfer revenue, broadcast rights sales, and match day tickets.
In the transfer market, Manchester City generated £ 121.7 million in revenue from player transactions, an increase of over £ 50 million year-on-year. Last year, the transfer of two players, Sterling and Gesus, brought back nearly £ 90 million for Manchester City, accounting for a significant proportion.
In fact, shrewd Manchester City can sell and buy. Manchester City, who once invested heavily in the transfer market, has now entered a rational recruitment stage.
After Guardiola took office, although Manchester City's recruitment fee exceeded £ 1 billion, the signed players brought high value, including players such as Harland, Calvin Phillips, and Akangi who joined strongly.
In August of this year, Manchester City signed 21 year old Croatian star Gevadior for 90 million euros, which also broke the record for the highest transfer fee for central defenders.
In terms of broadcasting business, Manchester City's revenue increased by over 20% to £ 299.4 million. In addition, the team's daily revenue has increased by up to 30%,
Currently, Manchester City's salary expenses and bonus distribution have also broken Premier League records. Even with the reduction of 29 employees, Manchester City paid a salary of £ 422.8 million to approximately 520 members, an increase of 69 million from the previous season and even surpassing the £ 384 million record set by Manchester United in the year they re signed Ronaldo.
However, the high salary expenditure did not have a significant impact on Manchester City's financial health. Last season, salary expenditure accounted for 59% of total expenditure, an increase of only 1% compared to the 2021-2022 season.