Manchester City releases 2023-24 Annual Report | Record £715m revenue, profit of £73m

[SouthStandStander]

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Record £715m revenue, profit of £73m​

Chairman’s Statement - Manchester City | Annual Report 2023-24

Manchester City Annual Report 2023-24

www.mancity.com

 

[Don Karleone]

Money to spend in January. Get it fucking spent then.

 

[hertsblue]

See Slimy Stone had to shoehorn the charges in again to his article. Every single thing he writes on us, he includes it. Had to laugh when it said BBC asked City about the rise in one area of expenditure, as if they ask any other club that.

 

[mancity dan]

 

[blue b4 the moon]

The above is interesting, I'd take it that we don't expect further need to cover appeals etc.

On the profit, while profit is good I'm a little concerned that being frugal in the transfer market & making probably all the profit from selling kids we're not rolling in much higher profits.

Suppose it'll balance in the long run.

 

[John Wayne]

The above is interesting, I'd take it that we don't expect further need to cover appeals etc.

On the profit, while profit is good I'm a little concerned that being frugal in the transfer market & making probably all the profit from selling kids we're not rolling in much higher profits.

Suppose it'll balance in the long run.

Big wage bill (not just playing staff) and bonuses for winning trophies. Don't think we'll need to worry about the latter in the next edition:). You'd imagine that Walker, Gundogan, De Bruyne and Ederson likely leaving next summer will free up nearly £50m a year in wages and bonuses. Given the allowed losses of £105m over a three-year cycle, I'd say we're in a very good place. A new Etihad deal is also on the horizon.

 

[jrb]

 

[Moss Side's Finest]

See Slimy Stone had to shoehorn the charges in again to his article. Every single thing he writes on us, he includes it. Had to laugh when it said BBC asked City about the rise in one area of expenditure, as if they ask any other club that.

You've not seen the SSN article yet then. Approx 40/50% of it is about the charges

 

[Maly]

You've not seen the SSN article yet then. Approx 40/50% of it is about the charges

They also state ‘the club was fined £49m for breaking UEFA's FFP rules, of which £32m was suspended.’

I’m sure that was a settlement figure, which also means we didn’t break UEFA FFP rules

 

[Ballosteve]

See the piss boiling has started bright and early on a Friday...oh let's see what the financial geniuses(spitty,rat face and Co say about the results) I love it...