"Manchester City" the first thing that should be associated with football
The director of finance of «Manchester City» Tom Glick, who had recently arrived with his team as part of the Champions League match against «CSKA» FC, has given a masterclass to the students of RMA business school Sport Industry Management program.
In particular, he discussed with students the revenue structure of his club. «Our revenue can be divided into three main categories. This past season 50 million pounds came directly from sales of tickets and subscriptions. Another 120 million came from the sponsorship contracts, and particularly from our long term sponsor Etihad airline, which also owns the rights to the title of our stadium. Finally, 180 million «Manchester City» generated from media licensing, namely the right to broadcast the matches of Premier League as well as other tournaments in and outside of England».
On the issue of adherence to the fair play standards established by EUFA, Tom Glick pointed out that «Manchester City» is trying to comply with every single regulatory condition. «We certainly have a positive dynamic, -- he told the RMA business school students. - Two years ago our expenses exceeded our revenues by 200 million pounds. The last year they were at negative 100 million. As to the current year, we still don't have the official figures of course, but we are expecting by the end of this fiscal period to be able to break even».