The City Football Group, a holding company which controls several clubs around the world including Manchester City, closed the financial year to June 30, 2025 with a net loss of 291.1 million pounds sterling, or approximately 335 million euros. The deficit is up from £91.9 million recorded the previous season and takes the group’s cumulative losses to almost £1.8 billion. A very limited part of this negative result comes from the English club, which ended its financial year with a deficit of 9.9 million pounds. The group also owns several other clubs, including Palermo, Girona, New York City FC, Melbourne City FC, Montevideo City Torque, ESTAC, Lommel and Bahia. The group’s revenues fell to 888 million pounds compared to 933 million a year earlier.
Including capital gains linked to player transfers, they reach 1.005 billion pounds for the 2024-2025 season compared to 1.144 billion during the previous year. The majority of turnover comes from Manchester City, which alone generates 790 million pounds. UEFA’s TV rights revenue fell from £107m to £71m, while global TV rights fell from £259m to £241m. Costs exceeded 1.26 billion pounds, including 630 million for personnel and 205 million for depreciation. The result is also affected by the increase in financial charges, increased to 75 million pounds after new financing of 270 million. The losses were offset by capital increases of 280 million pounds brought in by the Abu Dhabi property, which took shareholders’ equity to 1.05 billion pounds and cash to 391 million.