Manchester City Reports Record Revenue

Phil Foden of Manchester City celebrates after scoring their sides first goal during the Premier League match between Manchester City and Nottingham Forest at Etihad Stadium on September 23, 2023 in Manchester, England. (Photo by George Wood/Getty Images)

Last Updated: November 16, 2023

Manchester City has released its annual financial report, showing a record $884.8 million in revenue for 2022-23.

Last year marked the greatest season in Manchester City‘s 130-year history with the club winning a treble on the pitch and reporting record revenue off it.

City won its first-ever Champions League title, took home its third consecutive Premier League championship (its fifth in six years), and won its seventh ever FA Cup. In addition, the club released its annual financial report Wednesday, reporting a record $884.8 million for the 2022-23 season. That’s an increase from $792.8 million in 2021-22, and according to the 2023 Deloitte Football Money League, is tops in global soccer.

Manchester City’s revenue wasn’t just exemplary in soccer; it extended to all sports. Only the Dallas Cowboys’ $1.14 billion in 2022 topped Manchester City, according to Forbes’ 2023 NFL franchise valuations. City beat out every NBA team as well, with Forbes estimating $765 million in 2022 revenue for the league-best Golden State Warriors. The Yankees, by comparison, brought in $657 million to lead MLB.

City’s 2022-23 profits of $99.8 million were also a team record, nearly doubling last year’s $51.8 million and growing in commercial, broadcast, and matchday revenue and profit. The club also reported 6.9 billion video views on its main social media accounts, a 107% year-over-year increase. It’s Cityzens fan club nearly doubled, and its official supporters club grew by 33%.

With this kind of growth, look for City to increase in value from Forbes’ most recent estimate of $4.99 billion, which ranks fifth in global soccer. With record results on and off the field, things are only looking up for soccer’s most dominant franchise.