Manchester City have posted their 2013-14 financial accounts and look set to avoid any further Financial Fair Play (FFP) sanctions, according to the club's official website.
The results are healthy and once again show that City are heading in a direction toward self-sustainability. Having been hit by a fine and spending cap this season by UEFA after breaching FFP rules, the club is now firmly in the belief they will comply this season and avoid any further sanctions.
One of the more tired jibes from fans of other clubs has always been the insinuation that City would be left in a financial mess that would be impossible for anyone else to continue if owner Sheikh Mansour was to leave.
That, of course, is nonsense.
The club is debt-free, and as their accounts each year show, they are becoming increasingly profitable and financially stable.
There is still a bottom-line loss of £23 million, but that includes the fine for breaking FFP rules this season. The club expects to make a profit next season for the first time under ADUG ownership, with the period of heavy investment that followed Mansour's arrival in 2008 now over.
Source: http://bleacherreport.com/articles/2288335-france-should-grant-legend-thierry-henry-a-farewell-appearance
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