Hyrra Features the Latest and Most Talked-About Topstories News and Headlines from Around the World.
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Manchester City acknowledge risk of charges after posting record £712m revenue
Manchester City acknowledge risk of charges after posting record £712m revenue
Manchester City have acknowledged the Premier League charges facing them risk having a “material impact” on the club, as they posted a league-record revenue figure of over £700million. City earned £712.8m in the year ending June 30, an increase of almost £100m compared to the previous year and far outstripping the £648.4m Premier League record set by Manchester United when their most recent results were announced last month. City’s run to the Champions League final – where they beat Inter Milan 1-0 in June – contributed to total broadcast revenue of £341.4m, including £113.85m just from UEFA. However, the club’s annual report mentioned the 115 charges issued against them by the Premier League in February under the ‘Risks and Uncertainties’ section. “The board acknowledges that there are a number of risks and uncertainties which could have a material impact on the club’s performance,” the report stated. As well as the Premier League charges, the performance of the first team and any future regulatory changes introduced by the Premier League, the Football Association, UEFA and FIFA were also cited as risks and uncertainties facing the club. Introductory statements in the annual report from chairman Khaldoon Al Mubarak and chief executive Ferran Soriano made no reference to the charges. Khaldoon said: “In the aftermath of the UEFA Champions League win in Turkey and the completion of ‘The Treble’ the question I was asked most often, was ‘How do you top that?’ “The answer is by doubling down on the proven philosophies and practices that have brought us this success and to challenge ourselves to continue to constantly innovate in order to achieve new levels of performance both on and off the field. “We will continue to question all the industry norms, we will evaluate our successes and learn from any failures. We will not be afraid to set new goals and develop new strategies that deliver for our club, its communities and stakeholders and especially for the fans.” Matchday revenue was recorded at £71.9m, while profit from player trading was up to over £120m. However, the club’s total payroll costs were just under £423m, up from just under £354m in 2022. That was despite head count dropping from 549 to 520. Read More Jannik Sinner scores first career win against Novak Djokovic in Turin Emma Hayes: Winning Champions League would be fairytale end to time at Chelsea Winter sun will have to wait for Ezri Konsa as he looks to take England chance
2023-11-15 13:23
Carter and the Kings: A friendship and alliance — but after MLK's assassination
Carter and the Kings: A friendship and alliance — but after MLK's assassination
Jimmy Carter is now 98 years old as he receives hospice care
2023-06-04 12:53
Minute Maid Park retractable roof to be open for Game 2 of ALDS between Astros and Twins
Minute Maid Park retractable roof to be open for Game 2 of ALDS between Astros and Twins
The retractable roof at Minute Maid Park will be open for Game 2 of the AL Division series between the Houston Astros and Minnesota Twins Sunday night
2023-10-09 07:16
Ford recalls 310,000 trucks to fix problem with driver's front air bag
Ford recalls 310,000 trucks to fix problem with driver's front air bag
Ford is recalling more than 310,000 trucks in the U.S. because the driver’s front air bag may not inflate in a crash
2023-05-17 19:48
Toyoda Gosei Invests in ThinkCyte, a Startup Developing Devices for the Early Detection of Leukemia and Other Diseases
Toyoda Gosei Invests in ThinkCyte, a Startup Developing Devices for the Early Detection of Leukemia and Other Diseases
KIYOSU, Japan--(BUSINESS WIRE)--Nov 28, 2023--
2023-11-28 14:25
'Marital problems and low self-esteem': 'Selling Sunset' star Mary Fitzgerald raises awareness about ADHD s she reveals her own struggles
'Marital problems and low self-esteem': 'Selling Sunset' star Mary Fitzgerald raises awareness about ADHD s she reveals her own struggles
Internet thanks Netflix's 'Selling Sunset' star Mary Fitzgerald for raising awareness and opening up abut her issues
2023-06-02 09:17
Australian cricketers create
Australian cricketers create "fighting fund" for national netball players in pay dispute
Australia’s cricketers have created a “fighting fund” to help the country’s netball players amid a bitter pay dispute with Netball Australia
2023-10-18 11:48
CNN Worldwide appoints Warner Bros Discovery's David Leavy as COO
CNN Worldwide appoints Warner Bros Discovery's David Leavy as COO
Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide,
2023-06-02 01:46
xQc's birthday celebrations turn chaotic as streamer dragged out of Montreal casino over old claims: 'You guys just banned me'
xQc's birthday celebrations turn chaotic as streamer dragged out of Montreal casino over old claims: 'You guys just banned me'
xQc was abruptly removed from a casino in Montreal over a province-wide gambling ban implemented in 2022
2023-11-12 15:55
Why did Sofia Vergara furiously storm off the set of 'AGT'? Judge cuts off Terry Crews amid dramatic moment with Heidi Klum
Why did Sofia Vergara furiously storm off the set of 'AGT'? Judge cuts off Terry Crews amid dramatic moment with Heidi Klum
Sofia Vergara runs off set, interrupting host Terry Crews in the middle of a dramatic moment with Heidi Klum
2023-08-31 11:52
Home Depot tops expectations again, but signs of spending pullback by Americans continues to emerge
Home Depot tops expectations again, but signs of spending pullback by Americans continues to emerge
Home Depot topped profit and sales expectations in its most recent quarter, but sales continue to decline as inflation and soaring interest rates play a larger role in the spending choices made by Americans
2023-08-15 19:17
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
KKR & Co. signed a memorandum of understanding with Italy to include the government in its €23 billion
2023-08-11 15:15