{"id":294083,"date":"2023-11-15T09:25:34","date_gmt":"2023-11-15T09:25:34","guid":{"rendered":"https:\/\/sportsloveme.com\/?p=294083"},"modified":"2023-11-15T09:25:34","modified_gmt":"2023-11-15T09:25:34","slug":"man-city-announce-record-revenue-and-wage-bills-after-treble-success","status":"publish","type":"post","link":"https:\/\/sportsloveme.com\/soccer\/man-city-announce-record-revenue-and-wage-bills-after-treble-success\/","title":{"rendered":"Man City announce record revenue and wage bills after Treble success"},"content":{"rendered":"<h1>Man City announce record \u00a3712m in revenue and \u00a3422m wage bills which are the LARGEST ever seen in British football&#8230; with the eye-watering numbers coming after their historic Treble success last season<\/h1>\n<ul>\n<li><strong>Man City have produced record numbers in the aftermath of winning the Treble\u00a0<\/strong><\/li>\n<li><strong>Chairman Khaldoon Al Mubarak promises a consistent wave of investment\u00a0<\/strong><\/li>\n<li><strong>It\u2019s baffling why Guardiola sold Palmer to a rival club &#8211; It&#8217;s All Kicking Off<\/strong><\/li>\n<\/ul>\n<p>Manchester City\u2019s revenue and wage bill are the largest ever seen in British football on the back of the Treble, with chairman Khaldoon Al Mubarak promising a consistent wave of investment to sustain the club\u2019s success.<\/p>\n<p>The Premier League champions have announced an eye-watering \u00a3712.8million in revenue and charted an \u00a380.4m profit for the last financial year.<\/p>\n<p>Those escalating numbers were in part down to the historic achievements of Pep Guardiola\u2019s squad, particularly from a broadcast and matchday revenue perspective. City are just \u00a322m behind the global revenue record set by Real Madrid in July.<\/p>\n<p>Completing the Treble also significantly impacted salaries, reaching unprecedented levels. Top stars and staff \u2013 both in the football and administration departments &#8211; received huge bonuses for each trophy, the Champions League topping the bill as the most lucrative.<\/p>\n<p>Salaries jumped up to a record high at \u00a3422.8m paid across 520 employees \u2013 dwarfing the \u00a3384m documented by rivals Manchester United during the season in which they re-signed Cristiano Ronaldo.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/14\/23\/77806621-12749973-image-a-1_1700004608167.jpg\" height=\"381\" width=\"634\"><\/p>\n<p>Man City \u2019s revenue and wage bill are the largest ever seen in British football on the back of the Treble<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/15\/08\/77806601-12749973-Chairman_Khaldoon_Al_Mubarak_promising_a_consistent_wave_of_inve-a-1_1700038384266.jpg\" height=\"424\" width=\"634\"><\/p>\n<p>Chairman Khaldoon Al Mubarak promising a consistent wave of investment to sustain the club\u2019s incredible success of last season<\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>Goal machine Erling Haaland, who is believed to earn a basic wage of around \u00a3400,000 a week after his move from Borussia Dortmund, contributed to the wage bill increasing by \u00a369m from the 2021-22 season.<\/p>\n<p>Al Mubarak believes that City can capitalise on finally conquering Europe, vowing that the club\u2019s hierarchy will \u2018double down\u2019 on their strategy.<\/p>\n<p>Al Mubarak said: \u2018In the aftermath of the Champions League win in Turkey, the question I was asked most often, was \u201cHow do you top that?\u201d<\/p>\n<p>\u2018The answer is by doubling down on the proven philosophies and practices that have brought us this success and to challenge ourselves to continue to constantly innovate in order to achieve new levels of performance both on and off the field.\u2019<\/p>\n<p>Overall revenue increased by almost \u00a3100m \u2013 commercial revenue accounting for \u00a3341m \u2013 while profit nearly doubled on last year, aided by the sales of Raheem Sterling, Gabriel Jesus, Oleksandr Zinchenko plus a number of academy graduates.<\/p>\n<p>\u2018We will continue to question all the industry norms, we will evaluate our successes and learn from any failures,\u2019 Al Mubarak added. \u2018We will not be afraid to set new goals and develop new strategies that deliver for our club, its communities and stakeholders and especially for the fans.<\/p>\n<p>\u2018Success today simply means further investment for tomorrow. Our financial health and on field success mean everyone connected to Manchester City can look forward to the future with excitement. Our collective achievements give me huge confidence that together we can accomplish even more in the years to come.\u2019<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/15\/08\/77806633-12749973-Completing_the_Treble_significantly_impacted_salaries_which_reac-a-2_1700038384267.jpg\" height=\"425\" width=\"634\"><\/p>\n<p>Completing the Treble significantly impacted salaries which reached unprecedented levels<\/p>\n<h3>IT&#8217;S ALL KICKING OFF!\u00a0<\/h3>\n<p><span>It&#8217;s All Kicking Off\u00a0is an exciting new podcast from Mail Sport that promises a different take on Premier League football, launching with a preview show today and every week this season.<\/span><\/p>\n<p><span>It is available on MailOnline, Mail+, YouTube , Apple Music and Spotify<\/span><\/p>\n<p>Your browser does not support iframes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/i\/pix\/2017\/08\/02\/636x90_facebook_ad_sport.png\" width=\"636\" height=\"90\"><br \/>\nSource: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12749973\/Man-City-announce-record-712m-revenue-422m-wage-bills-LARGEST-seen-British-football-eye-watering-numbers-coming-historic-Treble-success-season.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Man City announce record \u00a3712m in revenue and \u00a3422m wage bills which are the LARGEST ever seen in British football&#8230;<\/p>\n","protected":false},"author":2,"featured_media":294082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - 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