Revealed: Man City on course for £65m windfall as documents filed today
Man City could earn north of £65million per year in matchday income when the latest round of revamps at the Etihad Stadium are complete, Football Insider analysis shows.
City announced on Tuesday (17 April) that they had submitted a planning application to Manchester City Council for the expansion of the North Stand.
More than 7,000 seats will be added to take capacity “beyond 60,000”, although an exact number has not yet been specified by the club.
The FA listed the Etihad’s capacity as 61,000 in their bid for the 2028 Euros last week, while documents pertaining to a previous planning application seen by this site suggest the stadium could seat as many as 62,170.
The final number will be contingent on how many seats City decide to give over to corporate hospitality, and that information is being kept under wraps at this stage.
The club earned £54.5m in matchday income in 2021-22, as per their accounts for the title-winning season.
That equates to an average revenue per fan of just over £1020, which is some way short of the likes of Man United and Tottenham.
Extrapolated over a capacity of 61,000, City would therefore be in line to earn £62.25m in matchday income following the redevelopment of the North Stand.
City’s hospitality packages range from £75 to 12,000 per match, and a conservative estimate would see this revenue stream add an extra £2.5m to the club’s matchday income post-expansion.
That means City will earn around £65m per season through the turnstiles when work is complete.
The project will see £300m invested, with 2,600 jobs in the offing.
A sky bar and stadium roof walk experience are part of the proposals, as is the introduction of a new fan zone, retail space, club shop, museum and a 400-bed hotel.
In other news, Barcelona offer “huge” deal to finalise Man City move.