Financial Forecast 2023/24: Manchester City's soaring expenses expected to slash profits by two-thirds
IMAGO | The Manchester City players pose for a team photograph prior to the UEFA Champions League League match against Inter Milan.
Manchester City’s record-breaking financial performance in 2022/23 is facing headwinds as rising expenses slow momentum.
Off The Pitch’s forecast for the 2023/24 financial figures projects that wages and new player signings could drive expenses up, testing the club’s ability to sustain last season’s financial success.
Why it matters: Manchester City hit their financial peak last season, and the key question now is whether they can replicate that success or if last year’s achievements were their high-water mark.
The perspective: Manchester City's financial resilience is set to be tested by the +100 alleged breaches of financial regulations, which could affect their long-term success both on and off the pitch.
27 September 2024 - 11:23 AM
In 2022/23, Manchester City achieved unprecedented success, winning a historic treble and setting club records with a remarkable turnover and huge profits. Following another Premier League triumph in 2023/24 and buoyed by substantial profits from player sales, City’s ascent appears unstoppable.
However, the onset of legal proceedings over more than 100 alleged financial regulation breaches cast a dark shadow over their seemingly unstoppable d
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