22-23 season payroll totaling more than $500 million
Top revenue and profit producer two years in a row
Mansour’s bankroll and managerial tactics are key to success
English professional soccer team Manchester City (Man City) has achieved a “European treble” (winning the EPL, FA Cup, and UEFA Champions League) in the 2022-2023 season, and the salaries paid to its players for the season are reportedly the highest in English soccer history.
According to the New York Times (NYT) on the 15th (local time), Man City spent a total of more than $500 million (approximately 65.37 billion won) on player salaries in the 2022-2023 season. This is the highest amount of money spent by a club on player salaries in English soccer history.
City is owned by Sheikh Mansour bin Zayed Al Nahyan, the ruler of the United Arab Emirates (UAE).
The club was acquired by Sheikh Mansour in 2008, and with his deep pockets, City has won seven Premier League (EPL) titles through the 2022-2023 season.
The NYT attributes the team’s success to its owners’ deep pockets and manager Pep Guardiola’s brilliant tactics.
For the second year in a row, City posted record revenues and profits.
According to the “2022-2023 Season Report” released by City on its website on Friday (Nov. 15), the club’s revenue for the season was £712.8 million (KRW 1,156 billion), an increase of £99.8 million (KRW 161.7 billion) from the 2021-2022 season’s revenue (£613 million).
Profits also nearly doubled to £80.4 million ($133.3 million) from £41.7 million ($67.7 billion) last season.
In a statement on the club’s official website, City chairman Khaldoon Al Mubarak said, “Last season was a success for City in terms of revenue and football performance,” adding, “We will continue to build on the practices and philosophies that have made us shine and achieve even greater results.” 카지노사이트존