Manchester City have announced the biggest loss in English football history, £197m for the most recent financial year. The loss on that huge scale, bankrolled by the club's oil-rich owner, Sheikh Mansour bin Zayed al-Nahyan during the third year since he bought City in 2008, eclipses the previous biggest loss ever made, £141m by Chelsea in 2005, the second year of their ownership by the oil oligarch Roman Abramovich.
it should not have been legal!! Where is FIFA. A rule must change this
wasn't the finacial fair play rules meant to start this year ? or next year City should be banned
Off topic: Do you guys ever wonder how rich these oil guys are. Not American ones. The middle east ones. GEEZ!!
This is wrong the fa or fifa need to step in and change the rules because things like this spoil football. Yes its good to have city up there with united but they are therebecause of money being pumped into the club and no matter what they go on to win this season they will not recover that money. Clubs like united and arsenal ectwork hard to get where they are now. Yes they spent alot of money on players but no wherr near the money city have yet they still make money each year and are still in the top 4.
If fifa carry on letting people buy clubs like this then football is going to lose what its about. The fans. Players at city are not there because it waa there dream to play for city its becasue they get a big wage. But what happens when teams like city and Chelsea owners get bored of them who will buy them for the money they will want? Or will they just let the club die.
Owning a football club is a business not a hobby and to me it shoud be about making money and getting your club as high as possible not a spending spree to buy anyone you want for any price that is spoiling the game for everyone else.