Friday, 21 September, 2018

Manchester City Annual Revenue Crosses £500m

Pep Guardiola has been at Manchester City since 2016 Pep Guardiola has been at Manchester City since 2016
Andrew Wong | 15 September, 2018, 20:31

Guardiola also said City would not sell star man Kevin De Bruyne for a world record fee of £225m.

De Bruyne's new contract sees him earn a basic wage of £250k a week, which rises to around £342k when you consider his bonuses and image rights.

Manchester City has now become the 2nd richest club in terms of revenue in The Premier League. Although the Belgian clearly has plans to stay put in Manchester for years to come, his manager has revealed that his new contract does include a big-money release clause.

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City, whose 2016-17 revenue stood at £473.4 million (A$863.09 million), have become only the second English club to break the £500 million barrier (A$911.59 million) after Manchester United in 2016 - a feat their neighbours repeated a year ago by bringing in £581.2 million (A$1.06 billion).

Guardiola was promoted to the position having previously been in charge of the club's B team, and chose to bring Sergio Busquets into the first team set-up with him.

He said: "It's well-known we're delighted with him and would like that to continue".

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Guardiola won three LaLiga titles, two Champions Leagues and two Club World Cups in a memorable four years before enjoying similar levels of success with Bayern Munich. But, luckily, the team was doing really well and that helped me a lot.

"After that it is the club and the agent and I am outside that". Sometimes these kind of thing needs their own time.

Everybody is here because after three seasons I want to work with them and I think they want to work with us. "Usually, there is not too much time to watch opponents but in this case, we have had two weeks", the Spaniard said in his pre-match press conference.

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