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Man City make 20.5m profit
- Updated: October 18, 2016
Manchester City have recorded a £20.5m profit for 2015/16, the second consecutive year of profitability for the club.
City also recouped record revenues of £391.8m in the most recent accounting period beating the mark of £351.8m set in the previous year.
In comparison, the club’s revenues in 2010/11 were £153.2m and they made a loss of £98m.
Chairman Khaldoon Al-Mubarak spoke of how the improved financial performance can be the start of a new era …