Pound without Sterling – Sport – Kommersant
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Manchester City, which has dominated the Premier League in recent years, achieved a record income of £613 million last season. Manchester City managed to achieve such figures thanks, on the one hand, to the lifting of covid restrictions and the return of fans to the Etihad Stadium, on the other — increase in commercial income, that is, sponsorship investments. In this way, Manchester City was able to approach the record holders of the race of income in world football – Barcelona, which generated £ 741.1 million in the 2018/19 season, and Real Madrid, which earned £ 667.5 million in the same year.
On Monday, the reigning champions of the English Premier League (EPL) Manchester City released a detailed financial report at the end of the season. It follows that the club economy continues to grow. Manchester United earned a record £613m in the tax year, £43.2m more than in 2019/20, while net income was £41.7m, up 17 times from the previous reporting period .
This is indeed a significant financial achievement by the standards of world football. £613m is the second most ever for a Premier League club.
Manchester United once topped the £627m mark in the English Premier League once, in the 2018/19 season. The two clubs in the Spanish Championship are still in the lead in the revenue race, Barcelona, which generated £2018/19 in the 2018/19 season. 741.1 million and Real Madrid with £667.5 million in the same year.
Among the reasons why the Manchester United were able to show such numbers is the return of the fans after the covid break to the stands of the Etihad Stadium. Revenue from matchday (funds spent by viewers on ticket purchases plus other expenses for stadium visits) was less than £1m a year ago, now it is £54.5m. Broadcast rights generated £248m. Another £310m was generated by commercial activities, or, in other words, sponsors: an increase of £38m compared to the previous reporting period.
It is specified that the list of Manchester partners has increased markedly. Joining Nissan, Wix and Unilever, with which the club’s management has extended agreements, are Sony, the five-star Emirates Palace hotel in Abu Dhabi and Masdar, an Emirati company engaged in investments in renewable energy and environmental development in North Africa and the Middle East, for example.
“In 2008, we set a goal to one day become a club that is a benchmark for the rest. The statistics and results show that in many ways we are starting to realize our long-term ambitions,” club president Khaldoon al-Mubarak commented on Manchester’s report.
There are a couple more extremely interesting numbers in the team’s report. Manchester City, according to the document, managed to earn £ 67.7 million from the sale of players last season.
The transfer market maneuvers carried out by the club’s management over the past five years have brought him a total of more than £ 250 million.
The authors of the report specified that transactions made this summer were not taken into account when compiling it. However, the sale of midfielder Raheem Sterling (he passed over to Chelsea), forward Gabriel Jesus and defender Oleksandr Zinchenko (both now at the Arsenal) allowed the Manchester team to earn another £ 35 million in net profit.
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