Tuesday, April 13, 2021

Manchester City post £126m loss for 2019-20

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Premier League leaders Manchester City have reported a loss of one hundred and twenty six million pounds for the 2019-2020 season which was disrupted by the coronavirus pandemic.

The club posted an eleven per cent reduction in revenue to four hundred and seventy eight point four million pounds but the figure does not include delayed income from player sales, including proceeds from LEROY SANE's move to Bayern Munich.

 

 

 

The club however expects an immediate return to profit for the current season.

 

 

 

A total loss of less than sixty million pounds per year is forecast over the two campaigns.

 

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