Man City Announce Record-Breaking Revenue, Valued Higher Than Rivals Man Utd
Manchester City have once again cemented their position as a football powerhouse, announcing record-breaking financial figures and a brand value surpassing their long-time rivals, Manchester United. The reigning Premier League champions have achieved unprecedented success on and off the pitch, reflecting their dominance in English football.
Record Revenue and Profits
Over the last 12 months, Manchester City reported an impressive revenue of £715 million ($903 million), a £2.2 million increase compared to the previous year. This includes a remarkable profit of £73.8 million, despite being slightly lower than the profits recorded during their historic treble-winning campaign under Pep Guardiola in 2023. A significant chunk of their earnings, £139 million ($176 million), came from player transfers, highlighting their ability to maintain financial stability through strategic moves in the transfer market.
Valued Higher Than Manchester United
According to the Brand Finance Football 50 Report, Manchester City’s brand is now valued at £1.33 billion ($1.68 billion), making it the most valuable in the Premier League. Arch-rivals Manchester United, despite their iconic global status, trail behind at £1.16 billion ($1.46 billion). This gap reflects City’s growing influence and appeal worldwide, both as a football club and a business entity.
Most-Watched Team Globally
Manchester City’s on-field success has translated into mass global appeal. They are currently regarded as the most-watched football team on the planet, a testament to their thrilling style of play, world-class roster, and consistent triumphs. This mass appeal further reinforces their position as the Premier League’s top brand and one of the most influential clubs in world football.
Manchester United’s Struggles
In contrast, Manchester United has faced financial challenges. The club has not posted a profit since 2019 and has seen its fortunes dwindle both on the pitch and in the boardroom. Recent cost-cutting measures and ticket price increases introduced by co-owners Sir Jim Ratcliffe and the INEOS group have sparked controversy among fans, adding to the club’s challenges.
The Road Ahead for City
While City have plenty to celebrate, the club remains entangled in an ongoing Financial Fair Play (FFP) investigation, with over 115 charges looming. A resolution is expected soon, potentially impacting their financial future. However, this has not deterred the club from focusing on immediate goals, including their highly anticipated derby against Manchester United on December 15, 2024.
Manchester City’s record-breaking achievements exemplify their dominance in the modern era, redefining success in football while leaving their closest rivals playing catch-up. The club continues to set the standard in both sporting and financial performance, solidifying its place at the pinnacle of global football.
