Increases across the board as Man City top £500m income mark
English soccer’s Manchester City generated revenues of over £500 million ($656 million) for the first time in the 2017-18 season.
Figures for the 12 months to the end of June show that the club posted a profit of £10.4 million, its fourth successive surplus.
Turnover increased by £27 million to £500.5 million as City, the runaway Premier League champions became only the second English club, the first being rivals Manchester United to break the half-billion pound mark.
Commercial revenues, including sponsorship income, rose by 7 per cent to £232.3 million, broadcast revenues by 4 per cent to £203.4 million and matchday revenues by 9 per cent to £56.6 million.
This season marks 10 years of ownership of Manchester City by Sheikh Mansour bin Zayed al-Nahyan of the Abu Dhabi ruling family, and the accounts revealed that he has directly invested more than £1.3 billion in the club since the takeover.
Meanwhile, Premier League club Fulham have signed up Tempobet as their UK betting sponsor.
The deal covers the 2018-19 season, with the company to receive branding on the west London team’s website and LED perimeter advertising boards at its Craven Cottage stadium.
Tempobet will play a secondary role to Dafabet, the Philippines-based betting company that is Fulham’s new shirt sponsor in a “record” two-year deal announced in July.
The club is back in the English top flight after earning promotion from the Championship, via the play-offs, at the end of last season.