Manchester City have reported a net loss of £126million for the 2019-20 season as a result of the coronavirus pandemic. We have today released our Annual Report for the 2019-20 season. 🔷 #ManCity | https://t.co/axa0klUGiMhttps://t.co/opzD8f0tO0 — Manchester City (@ManCity) April 6, 2021“Like most organisations, we did not have a business strategy for a global pandemic. “The expectation of ourselves is that we will return to profitability in the second of those Covid seasons, the 2020-21 financial year. “A better financial picture of the Covid years will be provided at the end of the 2020-21 season, when the two seasons are combined, and we are confident that Manchester City is on track to show a positive financial result in the season 2020-21.”

Source: Express April 06, 2021 15:56 UTC