City Football Group (CFG) has injected €69 million in new capital, raising its total share capital to €759.6 million.
Despite achieving a record revenue of €1.39 billion (up 14%), the group reported a net loss of €109.4 million for the 2023-24 season. However, this represents an 18% reduction in losses compared to the previous year.
Key Highlights:
- City Dominance: Manchester City accounted for 73% of the group’s total turnover.
- Commercial Success: Record commercial income of €538M driven by Puma and Etihad deals.
- Transfer Profits: Player trading gains surged by 58% to €251.5M.
While Manchester City and Girona FC remain profitable, CFG continues to focus on stabilizing its international network of satellite clubs.