Premier League: Manchester City and its record earnings: Factors that contributed to the ‘madness’
And thehe is Manchester He published his annual report for the 2021-22 season, in which the highest income and benefits in the club’s history were announced: while Record revenue figure of 699 million eurosthe record for Benefits 47.5 million eurosThe latter doubled the previous record of Al-Muwatin Club.
“As I reflect on the 2021-22 season, I do so with great pride in the work and commitment of all our family in the city, who It has allowed us to come out of the epidemic with solid funding as well as new successes in this field. The collective achievements of many people should encourage us in the future, knowing that our club is committed to achieving more,” emphasized the president Khaldoon Al Mubarak.
factors of historical figures
There are several factors that contributed to the club’s record financial results, such as the return of fans to Etihad Stadium (Haaland’s arrival is one of the main reasons), the increase in Other commercial income of the club and the sale of players.
€77.2 million in profit was generated by City as a result of player movements, bringing the total to over €285 million in the past five years (the bulk corresponds to the sale of Torres Fernando to me F.C.B in the winter market for 55 million).
Citizens restricted benefits for two years and were able to absorb a third of the losses caused by the pandemic and face the 2022/23 season exercise, all indicating that the eight players trained in their academy will continue to grow after the sale and major departures from Gabriel Jess, Raheem Sterling and Oleksandr Zinchenko for more than 150 million euros.
Soriano’s ferretsThe club’s CEO emphasized that part of the responsibility rests with the fans. “Our strong revenue performance was due to several factors, but in the end Driven by the beautiful football we play and the continuous growth in the fans it generates; More fans, more fans, more people in the stadium and more partners who want to be linked commercially with Manchester City.”
