Manchester City Report Record Profits to Match Best Season on Pitch 

Football - Premier League - Manchester City v Chelsea - Etihad Stadium, Manchester, Britain - May 21, 2023 Manchester City's Ilkay Gundogan lifts the trophy as he celebrates with team mates after winning the Premier League. (Reuters)
Football - Premier League - Manchester City v Chelsea - Etihad Stadium, Manchester, Britain - May 21, 2023 Manchester City's Ilkay Gundogan lifts the trophy as he celebrates with team mates after winning the Premier League. (Reuters)
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Manchester City Report Record Profits to Match Best Season on Pitch 

Football - Premier League - Manchester City v Chelsea - Etihad Stadium, Manchester, Britain - May 21, 2023 Manchester City's Ilkay Gundogan lifts the trophy as he celebrates with team mates after winning the Premier League. (Reuters)
Football - Premier League - Manchester City v Chelsea - Etihad Stadium, Manchester, Britain - May 21, 2023 Manchester City's Ilkay Gundogan lifts the trophy as he celebrates with team mates after winning the Premier League. (Reuters)

After capturing their first treble last season, Manchester City reported on Wednesday that the success was matched off the pitch with record profits, their highest ever revenue, and recognition as the most valuable soccer brand in the world.

The club, which has been majority owned by Sheikh Mansour since August of 2008, earned revenues of 712.8 million pounds ($889.4 million) to June 2023 according to Manchester City FC Ltd.'s annual report, an increase of 99.8 million (16.3%) over the previous season, along with a record net profit of 80.4 million pounds.

"The 2022-23 season saw Manchester City scale new heights and set new benchmarks," City chairman Khaldoon Al Mubarak, said in a statement. "In short, last season saw Manchester City achieve the greatest football and commercial year of its storied history."

City experienced growth over the previous year across all revenue streams of commercial, matchday and broadcasting.

Commercial revenues accounted for 341.4 million pounds, followed by broadcast at 299.4 million and then matchday at 71.9 million, for a profit of 80.4 million, nearly doubling the previous year's record profit of 41.7 million pounds.

Matchday revenue saw an increase of 17.4 million pounds (32%) with a 99% occupancy rate at the Etihad Stadium and four more home games played across all competitions, although the average attendance of 53,249 fans over 19 Premier League games was just shy of their record of 54,130 set in 2018-19.

Broadcasting revenues climbed by 50.4 million pounds over the previous year (20.2%), primarily due to the club reaching and winning the Champions League and FA Cup finals.

Profits also benefited from significant player trading with 121.7 million pounds generated from transfers, up a significant 79.8% over the previous 12 months.

City earned top spot on the Brand Finance Football 50 list with a brand value of 1.51 billion pounds, passing LaLiga side Real Madrid (1.46 billion). Manchester United were fourth at 1.36 billion.

It marked the first time an English club had earned the number one spot since 2018 with the report citing City's decade of dominance on the pitch and the highest revenue of any of the clubs in the report as key reasons for their rise in the rankings.

City also topped the Deloitte Football Money League for the second consecutive year with the biggest revenues of any European soccer club, ahead of runners-up Real Madrid.

In early 2023, City were charged by the Premier League with more than 100 breaches of rules that required the club to provide "more financial information that gives a true and fair view of the club's financial position," the league said in a Feb. 6 statement.

Wednesday's financial report addressed the charges, saying: "In February 2023, in response to the charges, the Club issued a public statement that it welcomes the review of this matter by an independent Commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position."

On the pitch, manager Pep Guardiola guided City to a third successive Premier League title, an enthralling 2-1 FA Cup final victory over rivals Manchester United, and a first ever Champions League title.

The women's team finished fourth in the Women's Super League (WSL), but saw average attendance climb to 3,555, up 84% over the 2021-22 season.



Barcelona's Balde May Miss Cup Final with Hamstring Injury

Soccer Football - Spanish Super Cup - Final - FC Barcelona v Real Madrid - King Abdullah Sports City, Jeddah, Saudi Arabia - January 12, 2025 FC Barcelona's Alejandro Balde celebrates scoring their fourth goal REUTERS/Pedro Nunes/ File Photo
Soccer Football - Spanish Super Cup - Final - FC Barcelona v Real Madrid - King Abdullah Sports City, Jeddah, Saudi Arabia - January 12, 2025 FC Barcelona's Alejandro Balde celebrates scoring their fourth goal REUTERS/Pedro Nunes/ File Photo
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Barcelona's Balde May Miss Cup Final with Hamstring Injury

Soccer Football - Spanish Super Cup - Final - FC Barcelona v Real Madrid - King Abdullah Sports City, Jeddah, Saudi Arabia - January 12, 2025 FC Barcelona's Alejandro Balde celebrates scoring their fourth goal REUTERS/Pedro Nunes/ File Photo
Soccer Football - Spanish Super Cup - Final - FC Barcelona v Real Madrid - King Abdullah Sports City, Jeddah, Saudi Arabia - January 12, 2025 FC Barcelona's Alejandro Balde celebrates scoring their fourth goal REUTERS/Pedro Nunes/ File Photo

Barcelona left back Alejandro Balde has sustained an injury to his left hamstring, the club said on Sunday, ahead of an important run of games for the LaLiga leaders.

Hansi Flick's side face Borussia Dortmund in the second leg of the Champions League quarter-final on Tuesday, after a huge 4-0 win in Barcelona last week, followed by the Copa del Rey final against Real Madrid on April 26.

Local media reports say Balde will need three weeks to recover, Reuters reported.

The 21-year-old left the Leganes game, which Barcelona won 1-0 to extend their LaLiga lead, due to injury on Saturday.

"Tests carried out on Sunday morning on the first team player Alejandro Balde confirm that he has a distal injury to his left hamstring," Barcelona said in a statement.

"His return to action with the first team will depend on his recovery," the Catalan side added.

Balde has played 43 games in all competitions, scoring one goal and providing 10 assists.

Barcelona lead LaLiga with 70 points, seven ahead of Real Madrid who have a game in hand.