Record revenues for City

Manchester City have posted record revenues of £532.2m over the 2018/19 season, while also making a fifth consecutive annual profit of £10.1m.

City is the world's fifth richest team by revenues behind FC Barcelona, Real Madrid, Manchester United and Bayern Munich.

It was City's 11th successive year of revenue growth and closes the gap on local rivals Manchester United. The figure is projected to rise again next year given City have already qualified for the knockout stages of the Champions League. Payments from a £45m-a-year Puma kit deal will also start to take effect. They could then overhaul Manchester United.

The wages to turnover ratio was a healthy 59 per cent, although up from 52 per cent.

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The Political Economy of Football V2

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