Manchester City FC reports £20.5m profit as Annual Report for 2015-16 is released
• Record revenues of £391.8million announced in the eight successive season of improved
year on year financial performance
• Record £20.5m figure represents the second consecutive year of profitability for the club
• Wage/revenue ratio of 50% is among the best in the football industry
• The Club continues to operate with zero financial debt
Manchester City Football Club has today released its Annual Report for 2015-16, describing
the highlights of the season for Manchester City’s men’s, women’s and youth teams, its fans
and partners, business operations and financial performance.
The online report announces a £20.5million profit, marking the second consecutive year of
profitability for Manchester City and an eighth successive year of improved financial
performance, with a record total of £391.8million in revenues being reported.
Significant activities in this reporting period include the opening of the newly expanded
Etihad Stadium, in which attendance records were repeatedly broken, the investment in
City’s parent company City Football Group by China Media Capital Holdings (CMC), which
valued the Group at $3billion, and the change of the Manchester City badge, driven and
influenced by fans.
In the report, Chairman Khaldoon Al-Mubarak, commends the performance of the men’s and
women’s first teams and highlights in particular, the record number of trophies won by the
youth teams as the Club celebrated its first year of being based at the City Football
Academy.
More widely, he speaks of the continued on and off -field evolution of Manchester City,
noting that, “the transformation of Manchester City under the ownership of H.H. Sheikh
Mansour bin Zayed Al Nahyan has never been anything other than a long-term project” and
that “we have set ambitious goals and achieved many of them faster than expected in the
last eight years, but we have never underestimated the scale of the undertaking.” Perhaps
most significantly, the Chairman references the 2015-16 season as a turning point in the
Club’s evolution, commenting,
“Manchester City has now reached a level of sporting and commercial maturity that allows
one to feed the other”, calling this “the vision for success and sustainability that we have
been working towards since 2008.”
Chief Executive Ferran Soriano notes that “long-term financial sustainability […] is another
well-documented key objective for us and we are seeing consistent and continued evidence
of this in our financial performance.”
He looks to the future, encouraged by the club’s “solid base” and its “committed owners and
partners, world-class coaches and players, superb facilities, highly talented employees, and
the most passionate and enduring supporters.”
Chairman Khaldoon Al Mubarak concludes his message saying, “I believe the 2016-17
season represents the beginning of a critical new phase in the evolution of Manchester City.
We know that we have the playing, coaching and off-field capabilities at our disposal to
achieve great things in English and European football in the years ahead.”

Visit annualreport2016.mancity.com to read the full report.

Khaldoon knows how to run a business I will give him that.

Excellent results looking good again.

5% ROS good?

Not so sure about that.

Pump in an extra £80M this season for tv revenues and sponsorship and City will be nudging a t/o around £500M. You'll see City's profits surge then.

To be honest I'm not sure what is termed a good ROS in football clubs I can't imagine it'll be that high as most clubs just seem to spend what they get or dare I say it, more

The overall asset growth is far more important.

Zero debt nice👍

$1.23bn invested. Group worth $3bn. Sound business investment or 'sugar daddy'?

Funny, when city announce their financial statement there used to be loads of rags gooners and the like on here talking.

What's changed???

I'd love to know what's going on with the kit and
Stadium deals, we're miles behind lots of other clubs.

Your etihad deal is still dodgy as hell. How can you sponsor yourself?

There he is the true bitter, were you entertained last night, we know how important that is to you.

Your etihad deal is still dodgy as hell. How can you sponsor yourself?

The major shareholders of Bayern Munich (Adidas and Audi) are also their biggest sponsors, so what's your point?

He doesn't have a point borris he's just spouting bitter sheyite as usual.

I'm sure he was entertained last night we know how important that is to him.

comment by Stretford_Ender85 (U10955)
posted 2 hours, 56 minutes ago
Your etihad deal is still dodgy as hell. How can you sponsor yourself?
----------------------------------------------------------------------

There is so much wrong with that sentence.

His bitterness clouds his judgement.

The statement mentions the fact that City are now the "4th Biggest Brand" - I assume that's a dig at PSG and the fact they get $200m a year of the Qatar government, a payment that UEFA have chosen not to investigate.

Yes UEFA who at the time were run by an ex player, an ex players son who works for the qatar government.

I'm sure stretty is even more concerned at that deal given the size of it.

The psg board must have its own bingo card for that clown.