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Monday briefing: City Football Group posts £126.9 million loss for 2022/23

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8 April 2024 - 4:30 AM

Manchester City’s parent company, City Football Group (CFG), has reported a pre-tax loss of £126.9 million for the 2022/23 financial year, following the £137 million deficit posted the previous year.

The latest loss came despite the group earning record revenues of £877.1 million, up from £705 million in 2021/22, and after Manchester City announced a profit of £80.4 million for the same period, which covered their treble-winning season.

City earned revenue of £713 million

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