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Man City announce record £535m revenue amid ongoing UEFA financial investigation

Manchester City have announced a club-record £535.2 million ($692.3m) revenue and a £10.1 million ($13.1m) profit as part of their 2018-19 annual report.

The figures represent the 11th consecutive year of growth and the fifth consecutive year of profit under the ownership of Sheikh Mansour bin Zayed. City also revealed a wage/revenue ratio of 59%.

The Premier League champions last week had their appeal against UEFA’s investigation into alleged breaches of Financial Fair Play (FFP) thrown out by the Court of Arbitration for Sport (CAS), with the results of the investigation still to come.