Our best is yet to come says Blues chief


Manchester Evening News - - FRONT PAGE - By SI­MON BAJKOWSKI

KHAL­DOON Al Mubarak has pre­dicted more suc­cess at City as the club cel­e­brated its 11th con­sec­u­tive year of growth un­der its own­ers.

Hav­ing be­come the sec­ond English club ever to break the £500m rev­enue bar­rier last sea­son, the lat­est an­nual re­port re­leased yes­ter­day con­firmed that the club have backed that up with record rev­enue of £535.2m over a 2018/19 cam­paign that saw them win a clean sweep of do­mes­tic tro­phies.

They also posted profit (£10.1m) for a fifth con­sec­u­tive year and a wage/rev­enue bal­ance of 59 per cent – while that fig­ure is up from 52pc on last sea­son it is still at a sen­si­ble level, the 2018 av­er­age across the league was 63pc.

As City at­tempt again to win ev­ery tro­phy avail­able to them – they col­lected the Com­mu­nity Shield in Au­gust and are pro­gress­ing well in the Cham­pi­ons League and Carabao Cup but are fourth in the Premier League, nine points be­hind lead­ers Liver­pool – the City chair­man has spo­ken about how the club is set up for suc­cess even as they plan for dif­fer­ent chal­lenges.

“Our or­gan­i­sa­tion is now at a level of ma­tu­rity that en­ables us to plan on mul­ti­year cy­cles both in terms of our man­age­ment of squads and more widely across the busi­ness,” he said.

“This strate­gic plan­ning has al­lowed us to cre­ate an en­vi­ron­ment in which con­tin­ued on-pitch suc­cess is both pos­si­ble and likely, and fi­nan­cial sus­tain­abil­ity is a re­al­ity.” He added: “We re­main com­mit­ted to con­tin­u­ing our in­vest­ment in youth devel­op­ment and ad­vanced fa­cil­i­ties, but in do­ing so we know that the chal­lenges of the next decade will be very dif­fer­ent to those of the last. What there­fore must also re­main con­stant is our drive to con­tin­u­ously im­prove and in­no­vate, be that on the pitch, com­mer­cially, in in­fra­struc­ture devel­op­ment or in our ser­vice to fans and our com­mu­nity.”

Khal­doon Al Mubarak

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