• Club report seventh successive year of growth and record revenue
• Chairman Khaldoon al-Mubarak calls City ‘a self-sustainable club’Manchester City maintain announced a £10.7m profit,the first since Sheikh Mansour became owner in 2008 and subsequently invested £1bn-plus in the club.
City, who also reported a record annual revenue of £351.8m and a seventh successive year of growth, and said the positive figures followed “the retention and recruitment of a variety of regional and global commercial partners”. Commercial revenue was up 4% to £173m,and broadcast revenue up 2% to £135.4m, despite matchday revenue decreasing by 9% to £43.3m.
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Source: theguardian.com