{"id":297129,"date":"2023-11-15T06:53:56","date_gmt":"2023-11-15T06:53:56","guid":{"rendered":"https:\/\/tellmysport.com\/?p=297129"},"modified":"2023-11-15T06:53:56","modified_gmt":"2023-11-15T06:53:56","slug":"man-city-rival-real-madrid-as-full-earnings-from-historic-treble-come-to-light","status":"publish","type":"post","link":"https:\/\/tellmysport.com\/soccer\/man-city-rival-real-madrid-as-full-earnings-from-historic-treble-come-to-light\/","title":{"rendered":"Man City rival Real Madrid as full earnings from historic treble come to light"},"content":{"rendered":"<h3>Man City lead Premier League title race as Liverpool move to second<\/h3>\n<p>Manchester City are closing in on Real Madrid as the biggest hitters in world football after posting record revenues and profits from their treble-winning season. The Premier League winners recorded record revenues of \u00a3712million and profits of \u00a380m driven by their success on three fronts culminating in the Champions League in Istanbul in June.<\/p>\n<p>It puts them within touching distance of Real who sit on top of the football world with \u00a3137m profits from \u00a3733m revenue for the same period. Chairman Khaldoon Al Mubarak vowed City would not rest until they had reached even greater heights despite their best season on and off the pitch.<\/p>\n<p>He said: \u201cIn the aftermath of the Champions League win in Turkey and the completion of the treble the question I was asked most was how do you top that? The answer is by doubling down on proven philosophies and practices that have brought us this success and to challenge ourselves to continue to constantly innovate in order to achieve new levels of performance both on and off the field.<\/p>\n<p>\u201cSuccess today simply means further investment for tomorrow. Our financial health and on field success mean everyone connected at Manchester City can look forward to the future with excitement. Our collective achievements give me huge confidence that together we can accomplish even more in the years to come.\u201d<\/p>\n<p> <strong> JUST IN: <\/strong> <strong>Sir Jim Ratcliffe &#8216;decides stance&#8217; on selling Man Utd star Casemiro to Saudi<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/67\/590x\/secondary\/Man-City-Real-Madrid-5066317.jpg?r=1699992603820\"><\/p>\n<p>The numbers City\u2019s financial report posted were impressive with a \u00a3100million leap in revenue to \u00a3712.8 million and a near doubling of profits from \u00a341.7m to \u00a380.4m. Those jumps saw them not only close the gap on Real Madrid as the biggest club in the world but put clear water between them and neighbours Manchester United who had posted a Premier League record figure of \u00a3648.4m for the same period last month.<\/p>\n<p>City\u2019s figures were boosted by broadcast revenue which leapt to just shy of \u00a3300m as Guardiola\u2019s side competed all the way in two Cup competitions and took a third successive Premier League trophy. That success saw a wage bill increase from \u00a3308m to \u00a3368m on account of the treble triggering bonus and performance related payments to players and management.<\/p>\n<ul>\n<li> <svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/path> <\/path> <\/g> <defs> <clippath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"><\/rect> <\/clippath> <\/defs> <\/svg> Support fearless journalism<\/li>\n<li> <svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/path> <\/path> <\/g> <defs> <clippath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"><\/rect> <\/clippath> <\/defs> <\/svg> Read The Daily Express online, advert free<\/li>\n<li> <svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"> <g clip-path=\"url(#clip0_1078_5986)\"> <\/path> <\/path> <\/g> <defs> <clippath> <rect width=\"23.4329\" height=\"23.4329\" fill=\"white\" transform=\"translate(0 0.134262)\"><\/rect> <\/clippath> <\/defs> <\/svg> Get super-fast page loading<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/logo\/logo-premium-subscription.png\"><\/p>\n<p> <strong> Don&#8217;t miss&#8230; <\/strong> <br \/> <strong>Sir Jim Ratcliffe to \u2018order\u2019 Man Utd boss Erik ten Hag as Sancho meeting planned[LATEST] <\/strong> <br \/> <strong>Tottenham&#8217;s Harry Kane plan at risk as Ange Postecoglou could be left short[OPINION] <\/strong> <br \/> <strong>Liverpool insiders &#8216;baffled&#8217; by rumour which means Klopp may make surprise move[GOSSIP] <\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/67\/590x\/secondary\/Man-City-Champions-League-trophy-5066329.jpg?r=1699992603955\"><\/p>\n<p>Wages are still a relatively healthy 51 per cent of revenue on last year\u2019s figures and well below the 70 per cent maximum level recommended by the European Club Association. City have achieved success at all levels of the organisation with the annual report emphasising the achievement of both the EDS and U18 teams which, like the first team, won their third consecutive titles.<\/p>\n<p>And the success of the academy translated not only to promise for the future but ready cash in the present with academy sales helping the club achieve a transfer surplus of \u00a3121m. Ferran Soriano, City\u2019s chief executive, welcomed the figures but insisted that Pep Guardiola and his management team were driven to continue to achieve in what looks set to be a tight title race.<\/p>\n<p>\u201cThe great achievements of last season will not make us complacent, that is for sure,\u201d he said. \u201cInstead we see them as part of a journey that continues.\u201d<\/p>\n<p><b>Want the latest Premier League news as we publish it on <i>Express Sport<\/i>? Join our Facebook group by clicking <\/b><b>here<\/b>.<\/p>\n<p>Source: <a href=\"https:\/\/www.express.co.uk\/sport\/football\/1835059\/Man-City-Real-Madrid-Premier-League-news\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Man City lead Premier League title race as Liverpool move to second Manchester City are closing in on Real Madrid as the biggest hitters in world football after posting record revenues and profits from their treble-winning season. The Premier League winners recorded record revenues of \u00a3712million and profits of \u00a380m driven by their success on&hellip;<\/p>\n","protected":false},"author":2,"featured_media":297128,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Man City rival Real Madrid as full earnings from historic treble come to light - Tell My Sport<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tellmysport.com\/soccer\/man-city-rival-real-madrid-as-full-earnings-from-historic-treble-come-to-light\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Man City rival Real Madrid as full earnings from historic treble come to light - Tell My Sport\" \/>\n<meta property=\"og:description\" content=\"Man City lead Premier League title race as Liverpool move to second Manchester City are closing in on Real Madrid as the biggest hitters in world football after posting record revenues and profits from their treble-winning season. 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