Record revenues help Manchester City record increased profit for 2015-16



Manchester City made a profit of £20.5million and generated record revenues of £398.1million during the 2015-16 season, the club have revealed.
It is the second successive year the club have recorded a surplus and underlines their continuing growth under the ownership of Sheikh Mansour and his Abu Dhabi United Group investment firm.
The figures, published in the club's latest annual report, also show City are operating on a 50 per cent wage-revenue ratio and with zero financial debt.
City were transformed when Sheikh Mansour bought the club in 2008 and immediately bankrolled lavish spending... read more

 
18 October 2016 in Sport, Views: 18
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