Manchester City announce huge losses for second year runningThe Blues posted a deficit of £97.9m for the financial year ending May 2012, though this was significantly less than the £197.5m marked down for the previous 12 months

Manchester City have announced huge losses for the second year in a row, with the club losing £97.9 million during the last financial period.

City reported turnover for the same period of £231.1m, the highest in the club's history and a rise from £150m the previous year, but still operated at a significant overall loss.

if u wanna read more here's link: http://www.goal.com/en-gb/news/2896/premier-league/2012/12/14/3603041/manchester-city-announce-huge-losses-for-second-year-running?source=breakingnews

thats good so they have less money to spend now!

^ Mansour Money are uncountable mate!!

Well, at least they are actively trying to curb it now, as evidenced by last summer. I think they're worried about FFP. Something Chelsea & PSG do not seem to be interested about.

@ donandres RIP ENGLISH 

^ its difficult to create a meme when you are in a hurry