Club finances · statutory accounts

Manchester City finances

Reporting entity
MANCHESTER CITY FOOTBALL CLUB LIMITED
Latest period
Year to 30 June 2025 (FY2025 · the 2024/25 season)
Company number
00040946
Accounts
Company only (not the wider group)
Filed
6 March 2026

These figures come from the accounts the club files by law at Companies House. Anything a filing does not disclose is shown as Not disclosed — FixtureShark never estimates it. Read the original FY2025 filing.

← Manchester City

In brief

In the year to 30 June 2025, Manchester City brought in revenue of £694.1m, down from £715m the year before. The club made an operating loss of £93.3m and ended the year with net assets of £858.4m.

More revenue is not the same as financial health: read it alongside profit or loss, cash and net assets.

FY2025 at a glance

  • Revenue

    £694.1m

    £694,094,000

  • Operating loss

    £93.3m

    £93,302,000

  • Loss before tax

    £9.92m

    £9,916,000

  • Cash

    £173.7m

    £173,724,000

  • Borrowings

    Not disclosed

  • Net assets

    £858.4m

    £858,374,000

  • Average employees

    670

Over time

† FY2021, FY2022 are not directly comparable: later accounts restated those years, so they are shown hatched and no trend is drawn through them.

Revenue
£478.4mFY2020£569.8mFY2021†£613mFY2022†£712.8mFY2023£715mFY2024£694.1mFY2025

Hatched: not directly comparable with the years either side.

Bigger is not automatically healthier.

Show as a table
Revenue, by financial year
YearValue
FY2020£478.4m
FY2021 † not comparable£569.8m
FY2022 † not comparable£613m
FY2023£712.8m
FY2024£715m
FY2025£694.1m
Profit or loss before tax
-£125.1mFY2020£5.05mFY2021†£41.7mFY2022†£80.4mFY2023£73.8mFY2024-£9.92mFY2025

Hatched: not directly comparable with the years either side.

Show as a table
Profit or loss before tax, by financial year
YearValue
FY2020Loss before tax £125.1m
FY2021 † not comparableProfit before tax £5.05m
FY2022 † not comparableProfit before tax £41.7m
FY2023Profit before tax £80.4m
FY2024Profit before tax £73.8m
FY2025Loss before tax £9.92m
Cash
£17.8mFY2020£45.1mFY2021†£77.8mFY2022†£79.3mFY2023£53.8mFY2024£173.7mFY2025

Hatched: not directly comparable with the years either side.

Show as a table
Cash, by financial year
YearValue
FY2020£17.8m
FY2021 † not comparable£45.1m
FY2022 † not comparable£77.8m
FY2023£79.3m
FY2024£53.8m
FY2025£173.7m
Net assets or liabilities
£630.7mFY2020£656.3mFY2021†£698mFY2022†£790.4mFY2023£864.6mFY2024£858.4mFY2025

Hatched: not directly comparable with the years either side.

Show as a table
Net assets or liabilities, by financial year
YearValue
FY2020Net assets £630.7m
FY2021 † not comparableNet assets £656.3m
FY2022 † not comparableNet assets £698m
FY2023Net assets £790.4m
FY2024Net assets £864.6m
FY2025Net assets £858.4m
Average employees
477FY2020509FY2021†549FY2022†520FY2023611FY2024670FY2025

Hatched: not directly comparable with the years either side.

Show as a table
Average employees, by financial year
YearValue
FY2020477
FY2021 † not comparable509
FY2022 † not comparable549
FY2023520
FY2024611
FY2025670
Staff costs
£351.4mFY2020£354.7mFY2021†£353.9mFY2022†£422.9mFY2023£412.6mFY2024£408.4mFY2025

Hatched: not directly comparable with the years either side.

Show as a table
Staff costs, by financial year
YearValue
FY2020£351.4m
FY2021 † not comparable£354.7m
FY2022 † not comparable£353.9m
FY2023£422.9m
FY2024£412.6m
FY2025£408.4m

Every year

Manchester City published figures by financial year
FigureFY2020FY2021 †FY2022 †FY2023FY2024FY2025
Revenue£478.4m£569.8m£613m£712.8m£715m£694.1m
Matchday revenue£41.7m£732k£54.5m£71.9m£75.6m£75.1m
Broadcast revenue£190.3m£297.4m£249.1m£299.4m£294.7m£278.6m
Commercial revenue£246.3m£271.7m£309.5m£341.4m£344.7m£340.4m
Staff costs£351.4m£354.7m£353.9m£422.9m£412.6m£408.4m
Operating profit or loss-£159.6m-£58.7m-£21.4m-£35.6m-£60.5m-£93.3m
Profit or loss before tax-£125.1m£5.05m£41.7m£80.4m£73.8m-£9.92m
Profit or loss after tax-£126m£2.37m£41.7m£80.4m£73.8m-£9.92m
Player amortisation£145.8m£145.7m£140.7m£145.4m£165.1m£169.5m
Player impairment—£18.7m————
Profit or loss on player sales£39.8m£68.5m£67.7m£121.7m£139m£95.2m
Cash£17.8m£45.1m£77.8m£79.3m£53.8m£173.7m
Total assets£1099.6m£1178m£1287.5m£1521.1m£1533.2m£1984.9m
Total liabilities£468.9m£521.7m£589.4m£730.7m£668.6m£1126.5m
Net assets or liabilities£630.7m£656.3m£698m£790.4m£864.6m£858.4m
Average employees477509549520611670
Staff costs as a share of revenue FixtureShark-derived73%62%58%59%58%59%
  • — Not disclosed in that year’s filing. A disclosed zero is shown as £0.
  • Negative figures, in red, are losses or net liabilities.
  • † Not directly comparable with the years either side.
  • Rows marked FixtureShark-derived are calculated by FixtureShark from the filed figures; everything else is as filed.
  • Not disclosed in any period: Other revenue, Borrowings.

Sources and definitions

Where each figure comes from

Total revenue/turnover reported for the period.

Sources for Revenue
YearPublishedXBRL conceptAs filedFilingMappingDocument
FY2020£478,359,000pdf:Revenue478,359 GBP thousandsAA-2021-07-01v2Filing
FY2021 †£569,849,000pdf:Revenue569,849 GBP thousandsAA-2022-03-04v2Filing
FY2022 †£613,014,000pdf:Revenue613,014 GBP thousandsAA-2023-04-05v2Filing
FY2023£712,768,000pdf:Revenue712,768 GBP thousandsAA-2024-04-04v2Filing
FY2024£715,019,000pdf:Revenue715,019 GBP thousandsAA-2025-03-10v2Filing
FY2025£694,094,000pdf:Revenue694,094 GBP thousandsAA-2026-03-06v2Filing

“As filed” is the value exactly as it appears in the filing’s machine-readable (iXBRL) data. A dash means the filing did not disclose this figure. The mapping version records which rule turned the filed concept into this figure.

What each figure means
Revenue
Total revenue/turnover reported for the period.
Matchday revenue
Revenue attributable to matchday activities where separately disclosed.
Broadcast revenue
Revenue attributable to broadcasting/media rights where separately disclosed.
Commercial revenue
Revenue attributable to commercial activities where separately disclosed.
Staff costs
Total staff/employee costs reported for the period.
Operating profit or loss
Operating profit or loss reported for the period.
Profit or loss before tax
Profit or loss before taxation.
Profit or loss after tax
Profit or loss after taxation for the financial period.
Player amortisation
Amortisation of player registrations/intangible player assets.
Player impairment
Impairment of player registrations/intangible player assets.
Profit or loss on player sales
Profit recognised on disposal of player registrations.
Cash
Cash and cash equivalents at the reporting date.
Total assets
Total assets at the reporting date.
Total liabilities
Total liabilities at the reporting date.
Net assets or liabilities
Net assets/equity at the reporting date.
Average employees
Average number of employees during the reporting period.
Staff costs as a share of revenue (FixtureShark-derived)
Staff costs divided by total revenue.

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