Man City break Sh66 billion income barrier

first_img“Our journey is not complete and we have more targets to fulfil,” said chairman Khaldoon Al Mubarak, who recently celebrated a decade since an Abu Dhabi-backed takeover of the club transformed City’s fortunes.“There should be no doubt that we are looking forward to the challenges of the new season and those beyond it with equal commitment and determination to the 10 seasons that came before.”Before Sheikh Mansour’s takeover, City’s revenue was a mere £87 million for the 2007/08 season.Huge losses of over £584 million followed during the first six years of their ownership due to massive investment in the playing squad and facilities, including the £200 million Etihad Campus training ground.However, surging television revenues, commercial sponsors and regular Champions League football mean that City now trail only local rivals Manchester United and European powerhouses Barcelona, Real Madrid and Bayern Munich for income, according to football finance specialists Deloitte.0Shares0000(Visited 2 times, 1 visits today) 0Shares0000Manchester City chairman Khaldoon Al Mubarak has overseen a transformation in the club’s fortunes on and off the field © AFP / Glyn KIRKLONDON, United Kingdom, Sep 13 – English champions Manchester City posted record revenues of Sh66 billion (£500.5 million) in a record-breaking 2017/18 campaign on the pitch as Pep Guardiola’s men romped to the Premier League title amassing 100 points.City reported profits of £10.4million, a fourth consecutive year of profitability, with wages to revenue ratio falling to 52 percent.last_img read more

Martinez praises desire and work rate despite shocking Everton performance

first_imgRoberto Martinez has praised the desire and work rate from his players, despite Everton being comprehensively outplayed by Sunderland.The Black Cats secured their Premier League survival in convincing fashion, Lamine Kone hitting a brace and Patrick van Aanholt converting a free-kick as the Wearside club romped to a 3-0 win.The result relegated Norwich and Newcastle, but the real worry should be with Everton, as they failed to seriously pose a threat against a team who has spent the majority of the season in the bottom three.Martinez’s team displayed their usual frailties, looking defensively weak and susceptible to conceding the lightest of goals.However, at the Stadium of Light, the Toffees failed to even show their strengths, lacking any real attacking threat and failing to control possession with their usual imposing style.It was a game which is sure to have increased pressure on Martinez’s job, but the Spaniard actually believes his team were doing everything right in the game.When asked whether he was impressed with the performance, given the shocking display against Leicester at the weekend, the Spaniard said: “It was a completely different type of performance.“The desire was there, the work rate was there and the intent was there.“From a purely technical aspect, I think our possession should have ended up with a better threat in the final third in the first-half. In the second-half we had more of a threat.”If there is anything to ease the pressure on Martinez, it will be the excuse that injuries have ravaged his squad this season.For much of the campaign he has had to call upon youth players to fill in his defence, a fact which has not gone unnoticed by the 42-year-old.“We had a lot of injuries, and it is good to have some senior faces back,” he added.“We’ve had so many injuries in the back four that it’s been unfair. Hopefully we have a couple more back against Norwich.”last_img read more

Autopsy Roy Halladay had amphetamine morphine in system

first_imgNEW PORT RICHEY, Fla. – An autopsy report says retired star pitcher Roy Halladay had evidence of amphetamine, morphine and an insomnia drug in his system when he died in a small plane crash in Florida last year.The Tampa Bay Times reports that an autopsy released Friday shows the former Toronto Blue Jays and Philadelphia Phillies All-Star died from blunt force trauma with drowning as a contributing factor when he crashed his personal plane into the Gulf of Mexico near New Port Richey on Nov. 7.The National Transportation Safety Board hasn’t identified a cause for the crash. A witness told investigators that Halladay’s ICON A5 climbed to between 300 and 500 feet (90 and 150 metres) before it went into a 45-degree dive and slammed into the water.The body of the two-time Cy Young Award winner was found in the wreckage.___Information from: Tampa Bay Times (St. Petersburg, Fla.), read more