The club has reported record revenues and profits.
The Abu Dhabi United Group took control of City in 2008 and they won the premier league six times.
When the majority of games were played behind closed doors because of the coronaviruses epidemic, City's revenue was up by over 50 million dollars.
"In 2008 we set ourselves a target of exceeding the benchmarks that had been set by others within football; and in doing so, to also exceed the new standards we believed leading clubs would achieve in the time it would take us to catch up," said club chairman Khaldoon al-M
To one day be the club that set the benchmark for others, was our goal. The results and statistics show that we are getting closer to our long-term goal.
The club says it has taken revenue from transfers to £250m over the last five years.
The sale of 17 players, including Gabriel Jesus, and the purchase of Erling Haaland were two of the transfers the club made a profit on.
After Covid restrictions were loosened, the return of fans to the city's stadium brought in over £50 million in matchday revenues.
There has been controversy surrounding the success of the city.
They were successful in their appeal in 2020 after being found guilty of serious financial fair play by Uefa's club financial control body.
The club's financial report contains information about the league's investigation into the club's submissions.
The club acknowledged an ongoing investigation into the speculation resulting from the illegal hacking and publication of club emails.