MURDOCH 1 Posted October 2, 2010 Share Posted October 2, 2010 http://news.bbc.co.uk/sport1/hi/football/teams/m/man_city/9051136.stmManchester City have announced losses of £121m for the 12 months leading up to 31 May this year, having spent more on wages than their entire turnover.The financial losses, up from £92.5m for the previous year, represent one of the heaviest in Premier League history.Chief executive Garry Cook says City will now scale back on new signings."Player acquisitions on the scale we have seen in recent transfer windows will no longer be required," said Cook. "The squad is in ideal shape."He added: "In 2009-10, we narrowly fell short of our goals on the pitch, but still achieved nine club records including our best-ever result in the Premier League." Link to post Share on other sites More sharing options...
TexasGers 96 Posted October 2, 2010 Share Posted October 2, 2010 Read about this the other day, they really should be getting in the CL by now Link to post Share on other sites More sharing options...
tommy2212 151 Posted October 2, 2010 Share Posted October 2, 2010 I cant even comprehend the amount of money those turban heads have, 121 million to them is probably like a fiver to me. Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,058 Posted October 2, 2010 Share Posted October 2, 2010 im sure it was noel gallagher that said"to all man united fans, everytime you fill your car up with petrol or diesel, your just giving us money" Link to post Share on other sites More sharing options...
papaguy51 912 Posted October 2, 2010 Share Posted October 2, 2010 The owners of Citeh made £121m before lunchtime today.I think some people find it hard to comprehend how much money this lot actually have. Link to post Share on other sites More sharing options...
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