Manchester City announce revenue of £694.1m despite missing out on silverware

Manchester City have announced the third highest revenues in the club’s history, despite missing out on silverware for the first time in eight years.

The club's annual report, released on Tuesday, revealed revenues of £694.1 million over the 2024/25 period while reporting a loss of £9.9m.

This comes after Pep Guardiola's side missed out on a fifth consecutive Premier League crown after finishing third behind title-winners Liverpool and second-placed Arsenal. They were also narrowly beaten by Crystal Palace in the FA Cup final at Wembley.

But their third-place league finish did mean City secured Uefa Champions League football for a 15th consecutive campaign.

The report also outlined how the City playing squad was strengthened by the arrival of the likes of Tijjani Reijnders, Rayan Cherki and Nico Gonzalez.

It also highlighted how “the world’s most prolific striker” Erling Haaland had signed a 10-year contract extension with the club and also the exit of Kevin De Bruyne, “one of City’s all-time greats”, and the long-serving football director to , who was replaced by Hugo Viana.

Spanish midfielder Rodri became the first City player to win the Ballon d’Or while Nico O’Reilly became the latest academy graduate to earn a place in Guardiola’s first-team squad.

“I believe that we may look back on this year as one that was pivotal for the ongoing and long-term strengthening of the club,” chairman Khaldoon Al Mubarak said in the report.

“Our focus on continuous improvement did not diminish in any way, and the season saw everyone across the organisation remain committed to the ongoing evolution of Manchester City both on and off the pitch.

“There is no doubt that last season’s football results were less than we had hoped for. There are clear and understood reasons for that, including an unfortunate run of significant injuries, but seasons like this are an inevitable part of the game.

“In the world’s most compe