CITY CHIEF: CLUB IS NOW AN ECONOMIC MACHINE

KHALDOON AI Mubarak branded City an 'economic machine' after seeing the club post record revenues, while insisting the financial results showed the City Football Group continued to be focused on growth.

- TYRONE MARSHALL

City posted revenues of £712million when they revealed their latest financial figures last November, an increase of almost £100million on the previous 12 months, while profits came in at £80million.

That is a success story for the largest club in the CFG network but AI Mubarak, the City chairman and

chairman of CFG, said those financial results were sustainable across the board as he hinted at more teams being bought up into the CFG fold.

"I'm very pleased with the results. These results are very sustainable because we have now a very clear foundation that's been built over many years," he said in an interview with club media.

"We have a financial and economic machine. As long as we keep managing well and being prudent, you know that growth in terms of revenue, in terms of profitability, I think we're on a trajectory that's been there for years now and continues to go from strength to strength.

"Since day one, Sheikh Mansour, as the largest shareholder of the group, has been very focused on growth and value appreciation. And in doing so, every pound of profit has stayed within the group to support growth and development.

"The result of it is we always are investing. We're always investing in infrastructure, in the development of these clubs. We're buying new teams. We continue to grow and grow."