Abu Dhabi-owned Manchester City set sights on more glory after breaking through £500 million revenue barrier

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City won their their title in six years in May, they have now set their sights on breaking their Champions League duck. (AFP)
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Updated 13 September 2018
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Abu Dhabi-owned Manchester City set sights on more glory after breaking through £500 million revenue barrier

  • Manchester City become only second English club to record annual revenues over £500 million
  • City chairman wants clubs dominate for years to come.

LONDON: Manchester City chairman Khaldoon Al-Mubarak said the club will “strive for more” after they announced annual revenues of £500 million ($655 million) for the first time on Thursday.
The annual report said last season’s runaway Premier League champions had enjoyed revenues of £500.5 million — a 44 percent increase in five years.
It also said highlighted a fourth successive profitable year — this time £10.4 million with a wage to revenue ratio at “a healthy” 52 percent.
“Our aim is obviously to build on the achievements of the last year,” Al-Mubarak (pictured below), City’s chairman since the club was bought by the Abu Dhabi United Group in 2008, said in a statement. “We will always strive for more.
“Our journey is not complete and we have more targets to fulfil.”


According to the report, City’s income has increased six-fold in the past decade and they have risen from 20th to fifth in European clubs’ revenues league table.
The club’s facilities have also been transformed with state-of-the-art training facilities.
On the pitch they are also thriving with former Barcelona coach Pep Guardiola having taken City to the title last season with 100 points — the first club to achieve that total.
“Most of the developments visible today are the result of a carefully crafted strategy — one in which organic evolution has also been allowed to thrive,” Al-Mubarak said.
“The 2017-18 season will go down in history because of the incredible football we all witnessed. We are filled with an extraordinary sense of pride in the hard work of Pep Guardiola, the players, and the staff who work tirelessly to support them.”


WHAT WE LEARNED IN NFL WEEK 10: Brilliant Bears and terrific Titans

Updated 1 min 35 sec ago
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WHAT WE LEARNED IN NFL WEEK 10: Brilliant Bears and terrific Titans

We are over halfway in the NFL season and getting a better picture of who is in the running for January’s Playoffs. Arab News looks at what we learned from Week 10 of the world’s greatest gridiron league.

BEARS ON THE RISE
Whisper it, but the Chicago Bears could go a long way this season. It is fair to say, Chi-Town’s football team has been a blotch on the city’s sporting record in recent decades. Since the Bears’ defensive masterclass won them a Super Bowl in 1985, the iconic Bulls in the NBA, the rise and rise of the Blackhawks in ice hockey and the White Sox and Cubs winning a World Series have rendered them the poor cousins of Chicago’s sporting scene. But this current crop have really stepped up this season and, after yet another victory this week, find themselves in the unfamiliar position of leading the NFC North division. They might not get to the Big Game, but this Bears team is finally one the city can be proud of.

PENALTIES DECIDE FORTUNES
One of the big factors in this season’s surprise package LA Rams’ success has been their discipline. Coming into Week 10, the Rams had given away just 45 penalties, an average of five per game — second fewest in the league. So, that they gave away 10 infractions this weekend and nearly lost a tight game with the Seahawks, highlights just how important staying on the referee’s good side is to a team with serious Super Bowl ambitions. You can have a quality quarterback, rapid running backs and titanic tight-ends — if the discipline is not there, it will cost you a run at the Super Bowl.

CLEVELAND BROWNS ARE ALIVE
There is life in Cleveland, at last. Not since 2015 have the Browns won three games in a season. And with 6 games left in the season, they could win a fourth of the season for the first time in four years. Their 28-16 win over the Atlanta Falcons this weekend showed that this Browns team is packed-full of talent, but is lacking the right guidance. General Manager John Dorsey should use the highlights of this match in his search for a new head coach, as the Browns did not look like a 3-1-6 team, but needs the right man to guide it to respectability. Meanwhile, the defeat for the Falcons has put them on the brink of becoming also-rans for the Playoffs, they realistically need to win six — perhaps all seven — of their remaining games.

TITANS SHOW US THEIR WORTH
Tennessee have been hovering on the outskirts of Playoff contention all year, and their shock dismantling of the New England Patriots gave as an insight into what this team is really capable of. Mike Vrabel’s defense were all over Tom Brady from the kick-off and relentlessly pressured him all game. They got lucky at times — Josh Gordon’s uncharacteristic dropped passes helped — and made sure they capitalized when they stopped the Patriots offense. This Titans team burst out of the blocks and rushed past the Patriots early, taking a 17-3 lead. It just shows, take the game to the Patriots early and their defensive frailties can be exploited.