Mar 10 β€’ 13:37 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Manchester City is not enough: Losses over 300 million for City Football Group

City Football Group reported a loss of Β£291.1 million for the fiscal year ending June 30, 2025, highlighting significant financial challenges despite managing numerous football clubs globally.

City Football Group, which oversees several professional football clubs around the world, has reported substantial financial losses for the year ending June 30, 2025. The group recorded a loss of Β£291.1 million (approximately €335 million at current exchange rates), a steep increase from Β£91.9 million in the 2023/24 financial year, resulting in accumulated losses of around Β£1.8 billion. This alarming financial situation illustrates the challenges the group faces amid decreasing revenues and expenditures that are outsizing their income.

Despite these losses, a fraction of the total can be attributed to Manchester City, which closed the financial year with a relatively smaller loss of Β£9.9 million. The financial struggles of the City Football Group accentuate the broader financial challenges faced by sports entities in a global market that may be reaching its saturation point. This also raises questions about the sustainability of such expansive ownership structures in sports.

The group oversees an array of clubs, including Manchester City (England), Palermo (Italy), New York City FC (USA), Melbourne City (Australia), Montevideo City (Uruguay), Troyes (France), Lommel (Belgium), and Bahia (Brazil). Although the group reported a decrease in revenue from a record Β£933 million to Β£888 million by June 30, 2025, understanding the underlying factors that lead to this decline could be crucial for the future stability of the group and its affiliates.

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