Man City post £126m loss in 2019-20 annual report

Manchester City have announced losses of £126million in their 2019-20 financial results as the Premier League leaders count the cost of the coronavirus pandemic.

Overall, City s revenues were down 11 per cent to £478.4million from the previous 12 months.

The year in question runs up until June 30, 2020, taking in the period when the Premier League was suspended due to the COVID-19 crisis and meaning deferred revenues for the 2019-20 campaign have impacted the figures.

Nevertheless, City s matchday revenue was down by £13.5million, UEFA broadcast revenue fell by £18.5m and all other television money dropped by £44.5m, although money raised from commercial streams was up by £19.5m.

Leroy Sane s move to Bayern Munich for an initial £44.7m is not incl…