Friday, October 1, 2010

MANCHESTER CITY MAKE A LOSS OF 121 MILLION POUNDS.

Manchester City have made a huge loss , just as it was expected. The loss was a total of 121 million pounds, while their wages was 133 million pounds. and their turnover was only125 million pounds. They have spent 300 million pounds on buying players. Their last years loss was 92.5 million pounds.
Now if they do not balance their books fast, the new U.E.F.A rule that comes into force next year, will bar them from taking part in the champion league, or Europa League as well.
The only way for them would be to sell some players, or give them on loan.

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