Manchester City revealed that last season’s revenue

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Manchester City has released its financial results for the 2022-23 season, raking in a record £712.8m in revenue and making nearly double the original profit. Manchester City’s revenue is up from £

613m the previous year. Pounds and profits this time have increased from 41.7 million pounds to 80.4 million pounds, despite having to bear more wages than before. The 2022-23 season

of the “Blue City” is a very successful year after sweeping both the Premier League championship. , Champions League and FA Cup, resulting in increased revenue from both advertising and broadcasting.

They received a £50.4m increase in broadcasting fees from the previous year thanks to their success in the Champions League. They also made a profit of £121.7m from player transfers as of June 30.

It also brought record profits of £80.4m, doubling the club’s previous best-ever return.

City have also paid out record salaries totalling £422.8m to 520 employees.

And in City’s annual financial report on a season in which “dreams became reality”, chairman Khaldoon vowed that the club believes that it is only at the beginning of a period of utter dominance.

Their wages rose £60m and one of the reasons for the increase was bonuses from the treble.

In addition, last season they played 31 games at the Etihad Stadium and generated £17.4 million in match day revenue, while average attendance numbers also increased slightly.

Sales Gabriel Jesus and Oleksandr Zinchenko have earned them around £125m and over the past five seasons they have made £330m in player transfer profits.