Manchester City Post £126m Loss For 2019-20

Premier League leaders Manchester City have reported a loss of £126m for the 2019-20 season which was disrupted by the coronavirus pandemic.

The club posted an 11% reduction in revenue to £478.4m but the figure does not include delayed income from player sales – including proceeds from Leroy Sane’s move to Bayern Munich.

Manchester City expect an immediate return to profit for the current season. A total loss of less than £60m per year is forecast over the two campaigns.

For Financial Fair Play purposes, the financial results of football clubs for 2019-20 and 2020-21 are to be…

Report

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments