Short answer: Manchester City made £694.1m in revenue in 2024/25 (year to 30 June 2025), mostly from commercial deals, and reported a pre-tax loss of £9.9m. Employee costs were £408.4m. Deloitte’s Football Money League 2026 ranks City sixth in the world (€829.3m), one place behind Liverpool.
How much money does Manchester City make?
This page follows Manchester City’s official financial report for the year ended 30 June 2025, the newest on mancity.com, and Deloitte’s Football Money League 2026. An earlier version used the 2022/23 figures and called City the current Champions League winner and the richest English club. Neither claim holds today: City won the Champions League in 2022/23, and Liverpool outrank them in the latest Deloitte table. For the full Premier League picture see the richest Premier League clubs by revenue.
Manchester City Revenue & Profits
Manchester City’s £694.1 million revenue in 2024/25
According to the Manchester City financial report 2024/25, revenue for the year to 30 June 2025 was £694.1m, a fall of £20.9m (2.9%) from £715.0m in 2023/24. Without the outsourced retail operations, the club notes, revenue would have been £755.9m.
| Stream | 2024/25 (£m) | Share of revenue |
|---|---|---|
| Commercial (sponsorship, other commercial) | 340.4 | 49% |
| Broadcasting: domestic and other | 208.0 | 30% |
| Broadcasting: UEFA competitions | 70.7 | 10% |
| Matchday | 75.1 | 11% |
| Total revenue | 694.1 | 100% |
The mix was commercial £340.4m, broadcasting £278.6m and matchday £75.1m.
Commercial Revenue
Commercial income of £340.4m was almost half of the total. Deloitte’s figure for commercial revenue, €408m, is the highest of any English club in its 2026 table, ahead of Manchester United (€397m) and Liverpool (€366m). It records City’s matchday income at €89m, the lowest of the six biggest English clubs.
Broadcast and matchday revenue
Broadcasting brought in £278.6m: £208.0m from the Premier League and other sources and £70.7m from UEFA competitions. Matchday revenue was £75.1m. For how league and European money is paid out, see the Premier League prize money and TV rights guide and the Champions League prize money breakdown.
Does Manchester City make a profit? The 2024/25 result
The club reported a pre-tax loss of £9.9m, which it calls marginal, after a profit of £73.8m in 2023/24. The report points to higher spending on players and lower profit from player sales (£95.2m, from £139.0m).
| Year | Revenue | Employee costs | Pre-tax result |
|---|---|---|---|
| 2021/22 | 613.0 | 353.9 | Profit 41.7 |
| 2022/23 | 712.8 | 422.9 | Profit 80.4 |
| 2023/24 | 715.0 | 412.6 | Profit 73.8 |
| 2024/25 | 694.1 | 408.4 | Loss 9.9 |
How much does Manchester City spend on wages?
Employee costs were £408.4m in 2024/25, a decrease of 1.0% from £412.6m. That is 59% of revenue by the club’s own measure. For a comparison of wage bills across the league, see all 20 Premier League clubs ranked by annual wage bill.
Is Manchester City still the richest English club?
In the Deloitte Football Money League 2026, covering 2024/25, Liverpool rank fifth (€836.1m) and Manchester City sixth (€829.3m), with Arsenal seventh (€821.7m) and Manchester United eighth (€793.1m). City were second in the previous edition (€837.8m), so the fall of four places comes from small gaps between several clubs, not from a collapse. Liverpool’s own accounts also show higher revenue (£702.7m). See top 5 richest Premier League clubs for the full top five.
| Season | Rank | Revenue (€m) | Matchday | Broadcast | Commercial |
|---|---|---|---|---|---|
| 2024/25 (2026 edition) | 6th | 829.3 | 89 | 332 | 408 |
| 2023/24 (2025 edition) | 2nd | 837.8 | 88 | 343 | 407 |
What changed since the 2022/23 figures?
In 2022/23 City reported record revenue of £712.8m and a profit of £80.4m. Revenue then stayed near that level in 2023/24 (£715.0m) and fell in 2024/25 (£694.1m), while profit turned into a small loss. Other claims from the old page, such as the brand value figure, are not repeated here because the sources for them are not current.
Conclusion
Manchester City remain among the biggest clubs in the world by revenue, at £694.1m, but the 2024/25 accounts show falling revenue, a small loss and wage costs of £408.4m. Liverpool lead them in the latest Deloitte table. No 2025/26 report was found on 1 November 2026. See also the richest football clubs in the world.
Sources
- mancity.com/club/annual-reports: Manchester City annual and financial reports (2024/25 report released 16 December 2025)
- Financial report 2024/25 (PDF): Manchester City FC Limited financial report, year ended 30 June 2025
- deloitte.com: Deloitte Football Money League 2026 (2024/25)
FAQ
How much money does Manchester City make?
Manchester City reported revenue of £694.1m for the year to 30 June 2025, a pre-tax loss of £9.9m and employee costs of £408.4m. This is the newest annual report on mancity.com.
Is Manchester City the richest club in England?
Not on the newest figures. In Deloitte Football Money League 2026 (2024/25), Liverpool rank fifth in the world (€836.1m) and City sixth (€829.3m). Liverpool also reported higher revenue in their own accounts (£702.7m).
Where does Manchester City get its money from?
Commercial income was £340.4m (49%), broadcasting £278.6m (40%) and matchday £75.1m (11%) in 2024/25, according to the club’s financial report.
How much does Manchester City spend on wages?
Employee costs were £408.4m in 2024/25, down from £412.6m. The club’s own measure puts that at 59% of revenue.
Did Manchester City make a profit in 2024/25?
No. The club reported a pre-tax loss of £9.9m for 2024/25, after a profit of £73.8m in 2023/24.
Is there a newer Manchester City report?
Not yet. On 1 November 2026 the 2024/25 report (released December 2025) was the newest known: Companies House shows the 2024/25 accounts as the latest filing, and the mancity.com annual-reports page had listed the same report on 28 October.
