
Man City post record annual income although potential breaches hang over club
Manchester City have announced the biggest annual income ever recorded by an English club by bringing in £712.8m in their treble-winning season. The club made a profit of £80.4m for the 2022-23 financial year, nearly double the previous year’s total of £41.7m, as they topped the previous highest income by a Premier League club – the £648m recently declared by neighbours Manchester United. However, they would still have made a loss without a £121m profit on player sales, including Raheem Sterling, Gabriel Jesus and Oleksandr Zinchenko. Their costs included a wage bill of £368m although it was increased by bonuses for winning three competitions. City reported a rise in each of their commercial, broadcast and matchday revenue for a year when Pep Guardiola’s side secured the Premier League, the FA Cup and the club’s maiden Champions League. City’s broadcast revenue went up by more than £50m to £299.4m, principally due to income from Uefa for their successful Champions League campaign. Their commercial revenue was up by more than 10 percent to £341.4m while matchday income went up by £17.4m to £71.9m. But City also referenced the 115 charges the Premier League levelled for allegedly breaching financial regulations. Potential punishments if found guilty include points deductions or even relegation but City maintain there is “irrefutable” proof of their innocence. The club said: “On 6 February 2023, in accordance with Premier League Rule W.82.1, the Premier League referred a number of alleged breaches of the Premier League Rules by Manchester City Football Club to a Commission under Premier League Rule W.3.4. “In February 2023, in response to the charges, the club issued a public statement that it welcomes the review of this matter by an independent commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position.” Chairman Khaldoon Al Mubarak, concentrating on the on-field results and the financial report, said: “In short, last season saw Manchester City achieve the greatest football and commercial year of its storied history.” CEO Ferran Soriano added: “Winning the treble – the Champions League (for the first time), the Premier League (the third title in a row) and the FA Cup. Achieving record revenues and record profits. Winning the Ballon d’Or for best men’s club of the year and being named the most valuable football club brand in the world. We can certainly say that the 2022-23 season was the best in the history of Manchester City.” City noted that, after the end of the 2022-23 financial year, they made a number of transfers which will add a net expenditure of £84m. That involved buying Josko Gvardiol, Mateo Kovacic, Matheus Nunes and Jeremy Doku while selling Riyad Mahrez, Aymeric Laporte, James Trafford, Shea Charles and Cole Palmer. Read More England new-boy Cole Palmer: My decision to go to Chelsea is paying off Anything is possible – Eric Dier on Tottenham’s Premier League title challenge Virgil van Dijk backs Liverpool to challenge Manchester City for Premier League title
1970-01-01 08:00

Is Real Madrid v Chelsea on TV? Channel, time and how to watch Women’s Champions League
Chelsea begin their final Women’s Champions League campaign under Emma Hayes with a blockbuster trip to Real Madrid in Group D. The Blues reached the semi-finals of the Champions League last season but lost to eventual winners Barcelona, who also defeated them in the 2021 final. Hayes has won every domestic trophy with Chelsea but the Champions League has eluded them. The English manager has confirmed that she will be leaving the club at the end of the season and it has now been revealed that she will manage the USA national women’s team. Chelsea and Real Madrid were also in the same Champions League group last season, with the English champions progressing to the quarter-finals as the Spanish side were knocked out after finishing third behind Paris Saint-Germain. But Real Madrid will be hopeful of qualifying for the last eight this season, with Paris FC and Swedish side Hacken joining them in Group D. Here’s everything you need to know. When is Real Madrid vs Chelsea? The match will kick off at 8pm GMT on Wednesday 15 November. How can I watch it? All group stage games will be available to stream for free in the UK. Fans will be able to watch the UWCL group stage up to and including Matchday 4 on DAZN’s YouTube channel, with coverage then moving to the DAZN app and platforms. You can watch Real Madrid vs Chelsea for free, here: TNT Sports will also be showing Real Madrid vs Chelsea. Read More How to watch the Women’s Champions League for free this season The ‘crazy’ debate once again at the heart of the Women’s Champions League Man City post record annual income for English club after treble season
1970-01-01 08:00

China, South Korea to establish mechanism on practical economic cooperation
BEIJING China and South Korea will establish a mechanism on practical economic cooperation, Chinese state media reported on
1970-01-01 08:00

Draymond Green Put Rudy Gobert in a Chokehold During Warriors-Timberwolves Brawl
Draymond Green tried to choke Rudy Gobert during Warriors-Timberwolves fight.
1970-01-01 08:00

OpenAI Pauses New Signups to Manage Overwhelming Demand
OpenAI will pause accepting new users for its paid ChatGPT Plus service due to overwhelming demand, Chief Executive
1970-01-01 08:00

What a 12-team College Football Playoff bracket would look with Week 12 CFP rankings
How would the Week 12 CFP rankings shape a 12-team College Football Playoff bracket? Find out here!
1970-01-01 08:00

Why South Africa regrets its post-apartheid liberal asylum laws
Tough proposals will have far-reaching consequences for foreign nationals who seek refuge in the country.
1970-01-01 08:00

Soccer-Hayes hired in record deal to turn around US women's soccer team
(Reuters) -Long-time Chelsea manager Emma Hayes has been named as head coach of the United States women's national soccer team,
1970-01-01 08:00

Why Are the First Notes of a Tonal Scale Called ‘Do, Re, Mi’?
Solmization, or the practice of assigning syllables to the different “steps” of the scale, originated in ancient India.
1970-01-01 08:00

NBA Rumors: Netflix looking to stream NBA In-Season Tournament
The NBA's In-Season Tournament catches Netflix's attention as they explore the possibility of streaming live sports on their platform.
1970-01-01 08:00

MLB Rumors: Ohtani surprise, Cardinals trade talk, Hader destinations
In the latest MLB rumors roundup, free agency fits for Josh Hader, St. Louis Cardinals players off-limits in trade talks, and Shohei Ohtani contract demands.
1970-01-01 08:00

US House moves to avert shutdown with short-term deal
The new Speaker Mike Johnson faces his first major test, as lawmakers approve the funding measure.
1970-01-01 08:00