Mega-rich Manchester City's wage bill soars to an incredible £82m a year

16 January 2010 02:23
Manchester City's wage bill rocketed by more than 50 per cent even before last summer's £120million outlay on new players, it emerged yesterday.[LNB] City's financial results for the year ending May 31 2009, had already revealed that owner Sheik Mansour dipped into his vast wealth to wipe out the club's £305m debt. [LNB] Meagre return: Record signing Robinho has struggled to make an impact this season[LNB]It included an annual loss of £92.6m during his first year in charge, due largely to escalating wages which rose from £54.2m to £82.6m. That was before City went on another spending spree last summer.[LNB] The club's highest earner during that period was £32.5m record buy Robinho - paid £165,000 a week - who has been on the bench for three of new manager Roberto Mancini's four games in charge. [LNB] Andy Townsend's boot room: Everton will provide first real test for new Manchester City boss Roberto ManciniCSKA winger Krasic seeks United or Arsenal move after snubbing Manchester CityEverton v MAN CITY: Defender Nedum Onuoha in frame for trip to Merseyside[LNB] [LNB]  

Source: Daily_Mail