Get the biggest City stories, analysis and transfer updates delivered straight to your inbox Manchester City have been hit with a £126million loss for the last financial year as the Covid pandemic bites deep.
But the Blues are confident that the heavy hit will not bring any Financial Fair Play (FFP) problems - and will not affect plans to strengthen their squad this summer.
The club also thinks that they will return to profitability next year, when money from last year’s delayed Champions League, this season’s competition and the €50million fee for Leroy Sane - held up by the lockdown - will all flood into the coffers.
Read more on manchestereveningnews.co.uk
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