How much do Man City earn from TV, matchday and commercial revenue?

Cameron Smith
Cameron Smith
  • 20 Apr 2023 08:00 CDT
  • 5 min read
Erling Haaland, Man City, 2022/23
© ProShots

The 2023 version of the Deloitte Money List has been released and it shows the various sources of revenue for the top 20 clubs in world football.

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The list is dominated by the Premier League, with 11 of its 20 entrants coming from there, while 16 of the top 30 are based in England. Manchester City have topped the list in each of the last two years.

HOW DO MAN CITY EARN REVENUE?

Man City’s revenue generation comes from three distinct places; matchday revenue, broadcast revenue and commercial revenue. These three areas combine to create a club’s overall revenue for a season.

Man City’s revenue has grown exponentially since their takeover by the Abu Dhabi group in 2008; in particular the broadcast revenue attached to playing in England, coupled with their ability to grow to huge commercial levels.

READ MORE: How much do Man Utd earn from TV, matchday and commercial revenue?

READ MORE: How much do Arsenal earn from TV, matchday and commercial revenue?

READ MORE: Chelsea revenue: How much they earn from TV, matchday and commercial?

WHAT IS MATCHDAY REVENUE?

Matchday revenue consists of all revenue generated on a matchday. This includes ticket sales, food and merchandise, as well as hospitality offerings.

Man City have looked to increase the capacity of the Etihad at every opportunity and have done so of late, but their official capacity of just over 50,000 is well below what some of Europe’s elite sides are able to command, leaving them short in this regard.

YearMatchday Revenue (€m)
201557
201670
201760
201864
201962
202048
20211
202264

WHAT IS COMMERCIAL REVENUE?

Commercial revenue is everything related to the overall sponsorship and brand activities of a football club. In the modern game this takes on many additional forms. Previously the only additional commercial revenue would be related to in-stadium advertising and perhaps a shirt sponsor arrangement.

READ MORE: Liverpool revenue: How much they earn from TV, matchday and commercial?

Kyle Walker, Manchester City
© ProShots - Kyle Walker, Manchester City

But now various parts of real estate attached to the club can be monetised; everything from sleeve sponsors, to sponsors of the stadiums themselves, commercial managers are looking at any possible way to successfully generate revenue by building relationships with a whole host of brands.

City’s questionable rise to becoming one of the most effective commercial entities in world football - recording a record commercial year emerging from the pandemic - is more than questionable, as is the nature of the brands which are being commercialised.

But there is no denying that City are better run and a slicker operation than they have ever been before and their on-field talent helps to take their brand to new heights.

YearCommercial Revenue (€m)
2015228
2016239
2017231
2018266
2019261
2020285
2021308
2022373

WHAT IS BROADCASTING REVENUE?

Broadcasting revenue relates to monies earned by the negotiation of showing a club’s matches domestically and internationally in each competition they are entered into.

Domestic TV deals are the most lucrative, with the country in which the league is played happy to pay inflated fees to fill their broadcast schedules with as many football matches as possible. Leagues are also free to negotiate with individual countries and regions to show their matches in that territory.

Phil Foden, Manchester City
© ProShots - Phil Foden, Manchester City

The Premier League’s continued dominance in this space allows City to record revenues far higher than that of clubs in other countries. They are in effect competing only with other Premier League clubs, and much is dependent on how deep they go into the Champions League if their revenue is to move further upwards.

YearBroadcasting Revenue (€m)
2015178
2016216
2017237
2018239
2019287
2020217
2021336
2022294

TOTAL REVENUE

Overall City are in a hugely strong financial position, emerging from the coronavirus in a strong place and able to attract players of the likes of Erling Haaland.

The nature of their commercial revenue remains up for debate and, like PSG, it is largely been driven by state-owned partners. But that is unlikely to change any time soon.

YearTotal Revenue (€m)
2015463
2016525
2017528
2018568
2019611
2020549
2021645
2022731
Read more about: Premier League, Man City

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