Man City announce massive losses

Manchester City reported that they lost £92.6m last season.

The figures are through May 2009 so they include the £32.5m signing of Brazilian star Robinho in the January transfer window, but not the summer purchases of players like Carlos Tevez, Kolo Toure and Emmanuel Adebayor.

City was bought in September 2008 by Sheikh Mansour and since his arrival City have spent over £200m signing new players.

Read the full article at Soccer Tickets Online.

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