Manchester City announce record £391.8m revenues as chairman Khaldoon Al Mubarak hails figures
Manchester City have announced club record profits for the 2015-16 season.
In an announcement that senior figures see as vindication of the strategy set out by the club’s Abu Dhabi owners following their 2008 takeover, City reveal that they made £20.5m for the year 2015-16.
They also disclose record revenues of £391.8m – leaving them second only in the Premier League to Manchester United.
However, unlike their cross-town rivals, who still owe £261m following the Glazer family takeover in 2005, City are debt free.
The figures also reveal the club have also brought their wage to revenue... read more
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