The 21-year-old has become one of City’s most important players, playing 50 times in all competitions, scoring 16 goals and assisting 10.
Along the way he produced a series of dazzling displays and crucial moments, including a man-of-the-match performance in our 4-1 win at Anfield in February and the goal that sealed our passage into the Champions League semi-final.
He will now play in this summer’s European Championships with England after making Gareth Southgate’s final 26-man squad.
“I’m really honoured,” he said as he accepted the award.
“There’s been some great players in the past who have won it. I feel really lucky to win because there are some great young talents this season.
“I am feeling really happy - It’s a special moment.
“Obviously, it’s really nice to get praise, but you have to keep your feet on the ground and show with your performances on the pitch.
“This year I’ve tried to show that in every single game and try and give the best performance I can.
“It’s been a great season for me.”
Director of Football Txiki Begiristain says this award recognises Foden’s hard work, as well as his obvious natural ability.
“Phil is a perfect example of where hard work and dedication can get you.
“From the very first day I arrived here, I have seen a person determined to be the best he can be.
"Yes, he has talent and individual quality, but without the hard work he puts in every single day he would not be where he is right now.
“Credit must go to each member of our academy staff who has played a role in getting Phil to this point. His success is a direct result of all of their efforts and an example to every young player at Manchester City who dreams of one day establishing themselves in our first team.
“City and England have a special player. We are so happy for him - he totally deserves to be recognised by his fellow professionals for the season he has just had.”
Everyone at Manchester City is delighted for Phil and we would all like to send our congratulations to him for winning such a significant prize.