How Manchester City Could Break Even

“Just a week after Arsenal reported record profits of £56 million, the other side of the football finance spectrum was seen when Manchester City announced a massive loss of £121 million for the year ending 31 May 2010. This is not quite the worst loss ever reported in Premier League history – that dubious honour belongs to Chelsea, who lost £141 million in 2004/05, the first full year after the acquisition by their Russian benefactor Roman Abramovich. However, to put this into context, City’s deficit is more than the combined loss for every other team in the Premier League if you exclude Chelsea (or Liverpool).” (Swiss Ramble)

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