The ability to maintain competition on the pitch by winning a multitude of titles, which in turn increases the image value of Manchester City and ensures that expensive sponsorship contracts are consistently earned. It is anticipated that during the current fiscal year, the club that has just achieved the historic “triple” will be the first team in the world to surpass the revenue milestone of 700 million pounds.
The Premier League squad that has won the competition for three consecutive years is currently facing more than one hundred charges from the tournament administrators. These charges are related to alleged violations of profit and sustainability standards that occurred in the past. On the other hand, at this point in time, no one can surpass them in terms of converting massive riches from victory on the pitch. It is anticipated that the Champions League champions will surpass the £700 million mark in total sales during this fiscal year, which will come to a close at the end of June. This would be a significant achievement, as it would surpass Liverpool’s previous record of £594 million in income generated in a single fiscal year. for the season of 2021-2022 to begin. Manchester United has just stated that they have broken their previous record by surpassing the forecast of 640 million pounds in this fiscal year. This new record has been validated.
The Etihad Stadium team has recently signed an agreement with the OKX cryptocurrency trading platform to a sponsorship arrangement that is worth £55 million over the next three years. This is an increase from the previous contract, which was worth £ 15 million per year, and the name tag will be placed on workout clothes. The Chief Executive Officer of Man.City, Ferran Soriano, stated, “We are enjoying the fruits of our hard work.” The revenues are expected to exceed 700 million pounds this year. This is a record for the United Kingdom, and we currently hold the top spot not just in Europe but also in the entire world. In addition to having a good football club, we are also playing really good football, and we are achieving a lot of success. Within just four days of our victory in the Champions League, our sales reached a level that was comparable to what we typically sell in a month. If you are successful and play nice football, you will receive this. People enjoy seeing us play football, and as a result, they become fans of our team.
OKX, a platform for trading cryptocurrencies, is required to raise an additional ten million pounds before signing a new three-year contract.
Nevertheless, it is not entirely obvious that Pep Guardiola, the coach, has “benefited” from it so far. Since then, his team has suffered the loss of Ilkay Gundogan, the captain of the midfield position, but they have just acquired Mateo Kovacic, a midfielder from Chelsea, with an initial value of only 25 million pounds. Gabri Veiga, a young midfielder for Celta Vigo, or Josko Gvardiol, a central defender, are one of the goals, but they have not yet shown any signs of being fulfilled.
