Source: TheGuardian
Manchester City target new highs after announcing record £535m revenues
• Financial results show 6% rise on 2017-18 figures• City could overhaul Manchester United’s results next yearManchester City have announced club record revenues of £535.2m, an increase of around 6%. The champions are confident this will rise again next year because of a lucrative new kit deal with Puma.City posted the results in their annual report for 2018-19, which also shows that wages rose from 52% to 59% of turnover, having spent £259.2m in 2017-18, compared with £315.6m last year. Related: Vincent Kompany: ‘You never learn as much as when you get your arse kicked’ Continue reading......read full article
