
Man City Owners face unexpected blow after spending spree
(credit: Hasan Karim, Breaking Media)
Manchester City spent big in the January transfer window following their disappointing first half of the campaign.
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Omar Marmoush, Abdukodir Khusanov, Vitor Reis and Nico Gonzalez all made the move to the Etihad in the mid-season window.
Man City spent around £200million on their January signings as Pep Guardiola looked to strengthen his side for the remainder of the season.
However, it’s so far failed to have the desired effect as they sit fifth in the Premier League table and were knocked out of the Champions League in the last 16 by Real Madrid.
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The club’s ownership group, City Football Group (CFG), released its accounts for 2023-24 last week, showing its losses reached £122.2million to take the cumulative losses to almost £1billion since it was founded in 2013.
Former Man City financial adviser Stefan Borson exclusively told Football Insider the Premier League champions’ unexpected heavy spending on transfers could have an impact on their ownership group.
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CFG, which now owns 13 clubs, recorded a revenue of £933.1million for 2023-24.
Man City posted a record-breaking revenue of £715million and a pre-tax profit of £74million last season after accounting for the majority of the group’s turnover.
Manchester City Training, Abu Dhabi, H.H Sheikh Mansour speaks with Chairman of Manchester City Football Club Khaldoon Al Mubarak during their mid …
Photo by Victoria Haydn/Manchester City FC via Getty Images
Man City could need cash injection after Premier League blow
Borson revealed Man City could need more capital than expected from their owners to strengthen their squad.
He told Football Insider: “I guess the one area where you might say there might be some kind of impact on Manchester City is if the spending that they’re now being required to do on the field because of the underperformance of the team this season is greater than they’d expected.
“Maybe in that scenario, you could argue that there was some unexpected impact on the CFG because MCFC as the key investment within the group may need more capital than was expected.
“Maybe you could argue that that’s an impact. But generally, most of the spend that’s going on in the CFG is anticipated.
“The losses are anticipated and it’s not a short-term play to build a multi-club organisation.
“This is a very ambitious project that’s going to take a long time.”
Man City
Man City to accept Jack Grealish offer
Football Insider revealed on 11 March Man City will accept an offer for Jack Grealish in the upcoming transfer window if their reduced asking price is met.
It is believed the 29-year-old is unhappy with his role at the Etihad, having made the £100million move from Aston Villa almost four years ago.
Appearances (Starts) 26 (14)
Minutes Played 1319
Goals 2
Assists 5
Yellow Cards 4
Grealish’s Man City stats in the 2024-25 campaign (all competitions)
Elsewhere, Football Insider revealed on 3 March Ederson has a “strong possibility” of leaving Man City in the summer after Saudi Pro League clubs have expressed an interest in signing him.
The 31-year-old has kept just seven clean sheets in his 29 appearances for the club this season.
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