Football – City weigh more than United for the first time

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Little revolution in Manchester. The Sky Blues achieved a better turnover than the Red Devils, for the first time in their history.

Kyle Walker (left) and Manchester City have taken the financial lead vis-à-vis Marcus Rashford’s Manchester United.

AFP

Reigning English champions Manchester City’s turnover surpassed that of Manchester United for the first time last season, according to figures released by the Sky Blues on Wednesday.

City’s turnover for the 2020-2021 season stood at a record level of 569.8 million pounds (711.6 million francs), up 19% over one year, for a profit of 2 .4 million pounds (3 million francs).

Second in the Premier League last season on 12 points, the Red Devils earned 494.1 million pounds (619 million francs) in turnover during the fiscal year which ended on June 30. 2021, compared to 509 million (637 million francs) the previous year.

A first Champions League final

Winner of the Premier League and the English League Cup, City also reached the Champions League final for the first time in the 2020-2021 season (defeat against Chelsea).

A glaring illustration of the consequences of the Covid-19 pandemic, revenue linked to match days fell dramatically from 41.7 million pounds (52.2 million francs) in 2019-2020 to 700,000 pounds (nearly 877,000 francs ) last season.

On the other hand, the club became profitable again after a loss of 126 million pounds (157.8 million francs) at the end of June 2020, when the shock of Covid-19 was felt for the first time.

(AFP)

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