Summary
Manchester City have reported a record loss of pound(s)194.9m, shattering the pound(s)141m loss posted by Chelsea in 2005, the previous landmark of the largesse of the Barclays Premier League.
Wage costs alone have risen to pound(s)174m and in supplying an additional pound(s)290.9m worth of equity, Sheikh Mansour has taken his spending on City since his 2008 takeover to a staggering pound(s)1.3bn.See the full content of this document
Extract
City Unfazed After Posting Record Loss of Pound(S)194.9m
The club predict this figure will be greatly reduced in the coming years. ...
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