Manchester City‘s turnover exceeded Manchester United‘s 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 683 million euros, up 19% year-on-year, for a profit of 2.9 million euros. Second in the Premier League last season at 12 points, the Red Devils, them, garnered 592 million euros in turnover during the fiscal year which ended on June 30, 2021, against 609 million the last year.
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Winner of the Premier League and the League Cup, Manchester 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, income related to match days has fallen dramatically from 50 million euros in 2019-2020 to nearly 840,000 euros last season. On the other hand, the club returned to profit after a loss of 150 million euros at the end of June 2020, when the shock of the Covid-19 was felt for the first time.
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