Big spenders City report huge losses

Manchester City have reported mammoth annual losses of £92.6m (€103.55m).

Manchester City have reported mammoth annual losses of £92.6m (€103.55m).

The eye-watering figure represents the second biggest annual loss in English football history and emphasises the vast amounts of money invested by Sheikh Mansour since he bought the Eastlands outfit from Thaksin Shinawatra in September 2008.

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