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By 2015–16, Manchester City had the fifth-highest revenue in the footballing world with an annual revenue of €524.9 million.

A long period of decline followed the success of the 1960s and 1970s.

Malcolm Allison rejoined the club to become manager for the second time in 1979, but squandered large sums of money on unsuccessful signings, such as Steve Daley.

In the 2003 close season, the club moved to the new City of Manchester Stadium.

The first four seasons at the stadium all resulted in mid-table finishes.

Former England manager Sven-Göran Eriksson became the club's first manager from overseas when appointed in 2007.

Then, in August 2008, the club was purchased by the Abu Dhabi United Group.

City also won the League Cup that season, becoming the second English team to win a European trophy and a domestic trophy in the same season.

The club continued to challenge for honours throughout the 1970s, finishing one point behind the league champions on two occasions and reaching the final of the 1974 League Cup.

Manchester City Football Club are a football club in Manchester, England. Mark's (West Gorton), they became Ardwick Association Football Club in 1887 and Manchester City in 1894.

The club are based at the Etihad Campus in East Manchester, encompassing their 80-acre training facility, Academy Stadium and their home ground, the City of Manchester Stadium which the club moved to in 2003 having played at Maine Road since 1923.

City were co-founders of the Premier League upon its creation in 1992, but after finishing ninth in its first season they endured three seasons of struggle before being relegated in 1996.