Manchester City announce £500m club-record revenues close on United

David Silva

David Silva

During past year, in which the club registered a record £500.5m turnover and a profit of £10m as Pep Guardiola's team swept to the Premier League title, Mansour nevertheless invested a further £58m in return for new shares.

The annual report said last season's runaway Premier League champions had enjoyed revenues of £500.5 million - a 44 per cent increase in five years.

City will hope to continue the good results on the pitch when they host Fulham on Saturday, while continuing to excel and grow off the pitch into a global footballing powerhouse.

In a statement setting out the main elements of City's 10-year transformation under the Abu Dhabi ownership - including Guardiola and his team, six clubs around the world, an extensive youth development system and investment in east Manchester - the chairman, Khaldoon al-Mubarak, highlighted the club's financial stability.

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In a recent interview with Australia's Stellar magazine, Baldwin admitted she was "beyond excited" about her wedding, but didn't share any details.

The club also reported a profit for the fourth season in a row, this time of £10.4m, and managed a wage-revenue ratio of 52%.

"I've always said that I would like to play for Las Palmas, but we'll see how things are in two years". Our journey is not complete and we have more targets to fulfil. "Consistent domestic success and further development in the Champions League will be our focus in 2018-19 and the seasons to come", he said.

Matchday and other commercial activities increased by more than £4m each while payroll costs fell by £4.5m despite an increase in employees by more than a third.

"That's where I was brought up and I really hope he can have the same opportunities as I've had". "That is the reality today as revenues once again reach record levels - breaking through the £500m barrier for the first time".

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