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Old 11-18-2011, 02:07 PM   #618
Locke
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Coming as a shock and surprise to a grand total of absolutely no one:

Quote:
Manchester City have announced annual losses of £194.9 million, which is the highest ever recorded in English football.

''Our losses, which we predicted as part of our accelerated investment strategy, will not be repeated on this scale in the future,'' said chief operating officer Graham Wallace.

Thankfully for City, the figures will not be taken into account used as part of UEFA's Financial Fair Play regulations as they fall outside the accounting window.
http://soccernet.espn.go.com/news/st...losses?cc=5901
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