Manchester City have announced record revenues of £473.4million for the past financial year. The Premier League club have also recorded a profit for the third straight year while showing financial improvement for a ninth year in succession. The healthy figures, published in the club's annual report for 2016-17, come with the club also in fine shape on the field.
Pep Guardiola's side top the Premier League after 11 games and are already through to the knockout stages of the Champions League. The club's women's team completed a clean sweep of all three domestic trophies last year. It is the first time the club have recorded revenues in excess of £400million and the figure represents an increase of 21 per cent on the previous year. Profit was just £1.088million but the figures were recorded over an unusual 13-month period to the end of June.