Chairman Khaldoon Al Mubarak Promises More Success Ahead

Manchester City has made history by becoming the first club ever to earn over £700 million in a single season. The club's incredible success under manager Pep Guardiola has propelled them to revenues of £712.8 million, a staggering increase of almost £100 million from the previous season. This outstanding performance has also resulted in record profits of £80.4 million, doubling the club's previous best-ever return.

Achieving Unprecedented Success

In the club's annual financial report, Manchester City chairman Khaldoon Al Mubarak expressed his belief that this is only the beginning of their dominance. He stated, "Last season saw Manchester City achieve the greatest football and commercial year of its storied history." Al Mubarak emphasized the importance of building upon the club's history and outlined three key elements: creating exciting and successful football teams, strengthening the club's financial position, and serving the communities it represents.

Continued Innovation and Ambition

Khaldoon Al Mubarak made it clear that Manchester City will not rest on their laurels. He stated, "We will not be afraid to set new goals and develop new strategies that deliver for our club, its communities, stakeholders, and most importantly, for the fans." Al Mubarak emphasized the importance of constant innovation and the pursuit of new levels of performance on and off the field. He expressed confidence that the club's financial health and on-field success will lead to even greater achievements in the future.

World Club Champions and Beyond

The next step in Manchester City's quest for trophies will be the World Club Championship, where they aim to become champions for the first time. Their recent Champions League victory over Inter Milan has also secured their place in the expanded 32-team Club World Cup held by FIFA in the USA in 2025, with a potential prize fund exceeding £1 billion. This places Manchester City on track to become the first club to achieve revenues of over £1 billion in a single year.

Record-Breaking Season

The club's chief executive, Ferran Soriano, highlighted the remarkable achievements of the 2022-23 season. He mentioned winning the Treble, record revenues and profits, winning the Ballon d'Or for best Men's Club of the Year, and being recognized as the most valuable football club brand in the world. Soriano credited the hard work of the players, coaches, staff, and fans for Manchester City's consistent success over the past decade.

With Manchester City's financial strength and ambition, the future looks bright for the club and its supporters. The records broken this season only serve as a testament to their determination to reach new heights of success.