Commercial revenue leads growth over 15 years
Manchester City's commercial revenue saw a remarkable increase from
21.1 million EUR in the 2008/09
season to
399.0 million EUR by the 2022/23 season. This substantial growth of
1789% highlights the club's significant expansion in commercial partnerships and sponsorships, solidifying its status as a global
football brand.
Broadcasting revenue doubled in a decade
From the 2012/13 to the 2022/23 season, Manchester City's broadcasting revenue more than doubled, growing from
103.1 million EUR to
344.0 million EUR. The
234% increase reflects the growing value of
television rights in football, fueled by the
Premier League's lucrative broadcasting deals.
The 2020/21 season saw a drastic reduction in matchday revenue to only
0.8 million EUR, down from
70.2 million EUR in the 2015/16 season. This drop of over
99% was a direct result of the COVID-19 pandemic, demonstrating the pandemic's significant
financial impact on live sports events.
Matchday revenue recovery post-pandemic
Following the COVID-19 pandemic, Manchester City's matchday revenue showed signs of recovery, increasing to
83.0 million EUR by the 2022/23 season. This recovery indicates the return of fans to stadiums and the resumption of normal matchday operations, underscoring the importance of matchday
income to football clubs' financial health.
Consistent growth in commercial revenue since 2008
Manchester City's commercial revenue has shown consistent year-on-year growth since the 2008/09 season, without a single year of decline. The steady upward trajectory, from
21.1 million EUR to
399.0 million EUR, demonstrates the club's successful strategy in expanding its commercial operations globally.
Broadcasting revenue surpassed matchday revenue by 2011
By the 2011/12 season, broadcasting revenue had already surpassed matchday revenue, with figures of
109.0 million EUR compared to
38.1 million EUR, respectively. This shift marked a significant change in revenue generation for the club, emphasizing the growing importance of media rights over gate receipts.
Commercial and broadcasting revenues' combined dominance
The combined revenue from commercial and broadcasting streams for the 2022/23 season stood at
743.0 million EUR, vastly overshadowing matchday revenue of
83.0 million EUR. This dominance indicates a strategic pivot towards maximizing income from these more stable and globally scalable revenue streams.
Diverse revenue stream importance for financial stability
Manchester City's revenue analysis over the years underscores the importance of having diverse revenue streams. The club's ability to significantly increase its commercial and broadcasting revenues, particularly in the face of challenges such as the COVID-19 pandemic, highlights the resilience and financial stability that come from a balanced mix of revenue sources.