14 January 2022 - 7:27 PM
Analysis: 2020/21 was the year Man City broke into a very exclusive club financially
- With impressive growth, Manchester City now have the second-highest turnover in European football.
- Manchester City have managed to grow commercial income by almost 20 per cent during the pandemic, meanwhile English rivals Chelsea and Man Utd saw declines of 15 and 16 per cent respectively.
- Pandemic blues are gone, as steady expenses and record-high player sales helped the club turn a €143.7 million loss into a profit.
Another convincing Premier-League title and only margins away from being the undisputed kings of Europe was, as the club stated in their recently-published accounts, “a new benchmark for Manchester City”.
But financially, perhaps the side reached an even bigger milestone. As the front man of neighbour rivals departs from Manchester United, the ‘annoying little brother’ is catching up on what has always been Ed Woodward’s key performance indicator - commercial income.
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