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Manchester City Losses £194.9million

Saturday, November 19, 2011 5:02 AM

Manchester City has announced their annual losses of £194.9millions.


This completely showed the depth of investment paid by Sheikh Mansour,to bring the club form mid-table to the top of the league.

City official beleives these losses as part of future planning and also commits that these losses will not be seen in the future.

As stated by their chief operating officer Graham Wallace.


"Our losses, which we predicted as part of our accelerated investment strategy, will not be repeated on this scale in the future,"


Besides all these losses,City also seened an major rise up in the Commercial Revenue and TV Rights.


City finishes the League at the third spot and also wins FA Cup last season,which helped them rising their commercial revenue 49.7% to £48.5million,while the TV Rights have also jumped up 27.4% to £68.8million.

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